A top crypto dealer says he thinks three under-the-radar altcoins including decentralized exchange ThorChain (RUNE) are gearing up for strong surges.
Starting with decentralized storage community Filecoin (FIL), the crypto analyst believes that there’s no resistance for the altcoin until it hits $5.80.
“I assume FIL goes to pull the identical transfer COMP did.
Grind up to a pocket of liquidity and largely equal highs. Price ought to very quickly transfer from $4.70 to $5.80
It is an air pocket, and all air pockets are getting closed.”
At time of writing, FIL is buying and selling at $4.80, above the trader’s marked resistance space of $4.70.
Next up is RUNE, which Cantering Clark says is in all probability going following the bullish footsteps of Filecoin.
“Everything seems the same. RUNE is identical setup as FIL.
The difference is that it really is 1/7 of the market cap.
It is all one commerce. Sellers are stepping out of the way.”
At time of writing, RUNE is changing arms for $1.76, also above the trader’s resistance degree.
The last coin the analyst’s radar is LOOKS, the utility token of the Ethereum-based non-fungible token (NFT) market LooksRare. Cantering Clark says the altcoin seems prepared for a powerful breakout.
“It looks like LOOKS is about to completely rip.
This is just a sport of shuffle right now.”
At time of writing, LOOKS is switching palms for $0.21, nicely above the trader’s resistance at $0.187.
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