Inmortal Calls Rallies For Three Altcoins Amid Bitcoin’s Slowdown

A prominent crypto analyst and trader, known as Inmortal, looks into for three large-cap altcoins, and draws the path ahead.

The trader shares with his 95K followers on Twitter that in order for the crypto market at large to remain bullish, Bitcoin (BTC) now needs to hold above $61,000.

61k is the level we need to hold to see continuation.

Local demand confluent with W/0.#Bitcoin pic.twitter.com/i8cEK0sJxs

— Inmortal (@inmortalcrypto) October 21, 2021

Ethereum (ETH)

If that happens, the analyst predicts the leading smart contract platform Ethereum (ETH) is set for a breakout from its price of about $4,140 at time of publishing to $6,300 by the middle of November.

If you missed $BTC move, $ETH is next.

Trade the second best crypto coin herehttps://t.co/661Xnji6jc pic.twitter.com/j5p2Gb8zfx

— Inmortal (@inmortalcrypto) October 20, 2021

Cosmos (ATOM)

The next coin on the analyst’s radar is the native asset of blockchain interoperability platform Cosmos (ATOM).

Inmortal believes ATOM is “worth accumulating” and appears to be in a moment of consolidation.

He predicts the crypto asset will trend sideways until early next month, when he thinks resistance against Bitcoin at about 0.00063 BTC will flip to support and spark a rally to 0.00094 BTC.

Even if $BTC isn't done yet, it's worth accumulating at these levels.$ATOM pic.twitter.com/W1Xkhhs4WT

— Inmortal (@inmortalcrypto) October 21, 2021

FTX Token (FTT)

Inmortal is also looking for a significant surge in the price of FTX Token (FTT), which is the utility token of the crypto exchange FTX.

The trader says the accumulation period for FTT is already over.

He predicts the coin will likely surge from current levels at about $65.00 to at least the $100 mark by November 10th.

The accumulation is over, it's time to +100$

Feel free to trade it on Deltahttps://t.co/661Xnji6jc$FTT pic.twitter.com/ngpGo1wvxl

— Inmortal (@inmortalcrypto) October 20, 2021