A widely followed crypto strategist thinks the interoperable blockchain ecosystem Cosmos (ATOM) is ready for a step up.
Pseudonymous analyst Kaleo tells his 606,800 followers on the social media platform
“I am tall.”
Looking at the trader’s chart, it appears that ATOM has cleared a multi-month diagonal resistance, with the next resistance area at $16. At the time of writing, ATOM is worth $9.69.
Another coin on the trader’s radar is Worldcoin (WLD), a crypto project founded by OpenAI creator Sam Altman. According to the analyst, WLD is threatening to launch a breakout rally after moving above the resistance at $2.55.
“I picked up a bag of WLD.
A nice little pennant breaking above the July highs, the market is bullish = send it higher.”
At the time of writing, WLD is worth $2.62.
The analyst also updates his view on the move-to-earn project STEPN (GMT). According to the crypto strategist, GMT is now above rising channel resistance and looks poised for a rally towards $0.65, with the next target at $1.
“GMT is still up >10% in recent days since entry, even after the retrace. I will stick to the plan and trust it.”
At the time of writing, GMT is trading at $0.30.
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Generated image: Midjourney
