Prominent cryptocurrency analyst and trader, Bluntz, has announced that he expects a rise in the native asset of the smart contract blockchain Cosmos, ATOM. The analyst stated that he expects a movement of up to 100% in ATOM, and also continues to monitor SOL, the native asset of Solana, which he recently predicted would double in value.
Anonymous cryptocurrency analyst Bluntz stated that ATOM, which is currently trading near its lowest levels of the year, has the potential to double in value. According to the analyst, ATOM is trading within a rising channel and recently completed a three-wave correction formation, signaling the emergence of a new uptrend:
I’m hunting for some altcoins that don’t run as aggressively as others, and the altcoin I’m currently most interested in is ATOM. It has a nice structure on the weekly timeframe and has completed a clean three-wave movement. I believe it is an altcoin with a potential 100% increase.
ATOM is currently trading at $9.85, experiencing a 1.92% decrease in the last 24 hours.
Bluntz continues to monitor Solana (SOL), which has seen a sharp upward movement following the court’s decision on XRP and is considered a rival to Ethereum (ETH). The analyst stated, “SOL has been one of the best-performing altcoins this month.”
The analyst previously predicted that Solana, which was priced around $13 less than a month ago, completed a three-wave correction formation and had the potential to double in value. He stated, “SOL is one of the altcoins I like. It has shown a strong reaction from a major support level and has completed a clean three-wave movement on higher timeframes. I believe it has a 100% upward potential, and I rarely say such things.”
SOL is currently trading at $28.86, experiencing a 0.39% increase in the last 24 hours.