Anonymous crypto analyst Inmortal sparked curiosity among investors and traders in the cryptocurrency market with bold predictions about the future performance of several decentralized finance (DeFi) altcoins. The analyst commented on the future price trajectories of altcoins on his watchlist, including Jupiter (JUP), Chainlink (LINK), and Constellation (DAG), through his personal account on social media platform X.
JUP and LINK Expectations Shared
Inmortal expressed optimism about the potential of JUP, the governance token of the Solana-based decentralized exchange aggregator Jupiter, in his latest post shared with followers.
Sharing a chart indicating a bullish trajectory for the altcoin, the analyst said that JUP could reach its all-time high of $2.30, representing a significant rise of over 207% from its current price level of $0.747.
Following JUP, Inmortal analyzed Chainlink‘s LINK, a decentralized oracle network, predicting that the altcoin could see further gains after retesting its 200-day moving average following a period of consolidation. The analyst expects consolidation between $17 and $21.
Major Breakout Expected for DAG
On the other hand, Inmortal claimed that Constellation (DAG), a crypto platform utilizing Directed Acyclic Graph (DAG) structure, is a promising asset ready for an upward trend. The analyst pointed out that DAG is prepared to continue growing in the coming months after a long accumulation period.
Looking at the analyst’s chart, DAG, currently priced at $0.076, is targeting levels of $0.10, $0.20, and $0.46.
While Inmortal’s views provide valuable insights and predictions in the crypto world, investors are advised to proceed with caution before making investment decisions.
