One cryptocurrency analyst and trader who is highly followed is forecasting that the value of a cryptocurrency that is not publicly known would nearly quadruple in the near future.
"The DOT (Polkadot) ecosystem is ripping everywhere you look," the speaker said. I decided to get some exposure, so I grabbed a bag of CELR. Looking for a move that is comparable to the one it had at the beginning of 2021, which would be a squeeze out of this base range that it has been collecting in since the spring of 2022.
Based on the chart that the trader has created, it appears that CELR may soon reach a price of about $0.0700.
At the time of this writing, CELR is trading at $0.02336, representing a decrease of approximately 1% over the course of the last twenty-four hours.
Since Bitcoin's (BTC) strong rally this year looks to have inspired the good performance of many altcoins as of late, Kaleo is projecting that the whole cryptocurrency market will have a positive 2024. This is because the asset class is expected to continue its upward trend.
At the time of this writing, Chainlink is trading at $15.66, representing a 1.8% increase over the course of the last twenty-four hours.
Finally, the trader forecasts that the decentralized exchange protocol known as THORChain (RUNE) will skyrocket to a price that is greater than $8.
"RUNE is at long last beginning to act."
As this article is being written, RUNE is trading at $5.74, which is a decrease of more than 5% in the past twenty-four hours but is still higher than the trader's diagonal resistance.
