Popular analyst Inmortal makes some big price predictions for three large cap altcoins. He said Bitcoin must now hold above $ 61,000 for the crypto market to continue to recover overall.
If so, Inmortal predicts that leading smart contract platform Ethereum will break out of around $ 4,110 at press time to $ 6,300 by mid-November.
The source: Immortal / Twitter
The next coin on the analyst’s radar is the native asset of the Cosmos Blockchain Interoperability Platform (ATOM).
Inmortal believes ATOM is gaining in value and looks like it is on the verge of consolidation. In his opinion, ATOM / BTC will trend sideways through early next month when resistance around 0.00063 BTC ($ 39.9) becomes support and triggers a rally to 0.00094 BTC ($ 59.56).
The source: Immortal / Twitter
Inmortal is also looking for a significant increase in the price of FTT – the utility token of the FTX exchange. He said the FTT accumulation period is over and predicts the token will be released on Dec.
The source: Immortal / Twitter
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