A prominent analyst calls for the explosive growth of AVAX, BNB and 2 other altcoins to continue as the crypto market heats up.
Known in the industry as Scott Melker, told his 673,200 Twitter followers that he expected the Avalanche (AVAX) smart contract platform to hit a new all-time high of over $ 100 after key support hit $ 80 Dollar has been retested.
“New all-time high. Flip resistance / support. The chart is extremely bullish, with nothing but higher highs and higher lows. “
The source: Scott Melker / Twitter
Next up is Binance Coin (BNB), the utility token of the Binance exchange. According to Melker, the BNB will continue to recover towards the ATH at $ 700.
“The way is programmed”.
The source: Scott Melker / Twitter
Another coin on Melker’s list is polkadot (DOT). According to him, the altcoin is on the verge of rising to a new all-time high above USD 60 after converting the previous resistance at USD 50 into support.
“Nice repeat test.”
The source: Scott Melker / Twitter
Melker also closely monitors the decentralized music streaming protocol Audius (AUDIO). According to the analyst, AUDIO will rise on the ATH at $ 4.99 after breaking the resistance level that has kept the price low for more than two months.
“Pump it up”.
The source: Scott Melker / Twitter
You can see the price of the coin Here.
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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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