Jason Pizzino Predicts Bright Future For DOT, AVAX, ATOM And SUSHI

A popular cryptocurrency analyst and and trader Jason Pizzino is closely following the price movement of four altcoins: Polkadot (DOT), Avalanche (AVAX), Cosmos (ATOM) and SushiSwap (SUSHI), to which he predicts strong uprises.

Polkadot (DOT)

In a recent video, the widely followed trader shares with tells his 210K YouTube subscribers that he expects interoperable blockchain Polkadot to continue its ascend to around $50 after a brief consolidation period.

“One, we want to see consolidation for the move up or two, back [to $28], consolidate, and then the move up. They’re the options that I’m looking for for a positive outcome for a DOT trade.” 

Avalanche (AVAX)

The analyst is waiting smart contract platform Avalanche (AVAX) to consolidate a little longer and then spark the next move up.

“If we get the correction lower into previous zones ($45), then it just means that we’re going to need more time in a consolidation period before we can take off again… You want to see the consolidation before the next move. Get in on that breakout. That is a stronger-looking cryptocurrency.”

Cosmos (ATOM)

Next on the list is Cosmos (ATOM) – an ecosystem of blockchains designed to scale and interoperate with each other. Pizzino expects ATOM to trade around $30 to $37 range before resuming its ascending pattern.

“If we get that nice consolidation, give us some rest period, then we take off again. We’re looking sweet. That’s exactly what we want to see.”

SushiSwap (SUSHI)

The trader is also looking into automated market maker SushiSwap (SUSHI), which must stay above crucial levels to sustain its uptrend, according to him.

“This is in a reasonable setup, provided we hold these levels, so around $14. Of course, I don’t want to see it go lower than $12 and at the very worst, this level here, which is at about $9.50 because that is your higher lows… If the lows start to breakdown, then that is considered a downtrend.”