Ethereum Altcoin (TRAC) Could Soar Up By 111%, Explains Top Crypto Analyst

Key Points:

• Top Analyst predicts that OriginTrail (TRAC) might more than double in price, despite a massive 78% increase to start the week.
• TRAC will soon reach $0.93, a greater than 111% rise from its present price.

A well-known cryptocurrency trader predicts a significant increase for an already-rising Ethereum (ETH) altcoin, OriginTrail (TRAC).

Credible, an anonymous crypto expert, advises crypto-conscious people that OriginTrail (TRAC) might more than double in price, despite a massive 78% increase to start the week.

The TRAC token began the week at a high of $0.25 and reached $0.48 on Thursday.

The blockchain protocol for logistics and supply chain management is intended to assist enterprises and organizations in securely storing and managing vital information in a decentralized manner.

Credible predicts that TRAC will soon reach $0.93, a greater than 111% rise from its present price.

According to the trader, the path to the price target high may include a brief decline to $0.35.

No guarantees we get it, but it’s a logical place for us to test if/when we take a breather from this pump and a good chance to re-load/hop on the train if you missed it the first time.

Credible claims that at the onset of the spike, he was scooping up more of the token within what he dubbed an accumulation period between $0.27 and $0.34.

I’ve added to my TRAC bag here, more than 2x’d my position here at $0.26, bringing my average down to around $0.35-ish. I fully expect a new all time high this cycle, but first target is a cool 3x-4x to around $1.

Recently, the trade has posted an explained tweet, saying that TRAC is a solid project with a LIVE, real-world use case that is in use by some of the biggest, most notable companies in the world.

Total supply is MAXED OUT and circulating supply is constricted to HISTORIC LOWS for the coming months

According to his thread, after more than ten months in a tight, low-volatility accumulating zone, technicals show a good breakout. The stars have aligned for TRAC to do extremely well in favorable market conditions over the next 6-12 months.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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