Analyst Predicts Big Rallies for ‘Undervalued’ Altcoin, Says Bitcoin Trading at Critical Do-or-Die Level

Analyst Predicts Big Rallies for ‘Undervalued’ Altcoin, Says Bitcoin Trading at Critical Do-or-Die Level


A prominent crypto trader says he’s expecting significant moves from one altcoin before weighing in on Bitcoin’s fate in the wake of a sudden BTC price pullback.

The pseudonymous Inmortal tells his Telegram subscribers that the chart looks good for ATOM, the native token of the interoperable blockchain network Cosmos.

“ATOM/USD

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I love this chart [right now].

Clean deviation after retest daily demand and relevant swing point.

Range low tested, range high at $48 is next.”

Source: Inmortal/Telegram

In a tweet presenting the chart above, Inmortal concludes by saying,

“ATOM is undervalued.”

At time of writing, ATOM is exchanging hands at $32.20, up over 20% on the week but still down from its September all-time high of $44.73.

Inmortal next looks at Bitcoin, which recently

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