The widely acclaimed analyst Kaleo has very high expectations for Litecoin (LTC), Binance Coin (BNB) and another potential altcoin.
In a new tweet, Kaleo shows a chart showing a key price target for Litecoin at $ 2,000.
“That’s why I buy Litecoin for under $ 500 every day.”
Source: Kaleo / Twitter
As for Binance Coin (BNB), Kaleo may see the exchange token break out to $ 1,000 after breaking the $ 680 resistance.
“Once it hits $ 680 and BNB starts exploring the price, I expect the uptrend to be fast.”
Source: Kaleo / Twitter
Kaleo has also been keeping an eye on an altcoin that has not yet hit an all-time high (ATH) from the previous bull cycle.
The analyst compares EOS price action to Ethereum Classic (ETC) price action and says the two are very similar. In his view, EOS looked just like Ethereum Classic just before ETC shot up.
“Compare EOS with ETC.
After ETC began to erupt, it pooled under the previous ATH before shooting straight through this one. The structure of EOS and ETC charts looks very similar. I don’t expect it to stop at $ 20 if it moves above the current range. “
Source: Kaleo / Twitter
After EOS retested support after the initial breakout, Kaleo said he bought more than he saw big upside.
“Added some EOS here. I see it’s only a matter of time before it hits the highs from a few weeks ago. Once $ 9.00 is exceeded, there will be a fairly clear path back to the old ATH of $ 23. “
Source: Kaleo / Twitter
Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
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