Kaleo Predicts A Breakout For Dogecoin, Bullish On ADA, HNT & LUNA

A pseudonymous cryptocurrency trader and analyst, known as Kaleo, is predicting a breakout for Dogecoin (DOGE). Ha also updates his prediction on three other altcoins: Cardano (ADA), Helium (HNT) and Terra (LUNA).

The trader shares with his 365,000 Twitter followers that he’s buying more of the meme currency DOGE as it breaks through a critical resistance level in its Bitcoin pair (DOGE/BTC).

“DOGE / BTC. Bought more Dogecoin here.”

$DOGE / $BTC

Bought more dogecoin here pic.twitter.com/ZwWJMrhONw

— K A L E O (@CryptoKaleo) August 28, 2021

Another widely followed pseudonymous crypto analyst DonAlt also recently took a bullish stance on DOGE against Bitcoin, positing a price target over 30% higher than current levels of 0.00000584 BTC, worth $0.28.

“This setup is actually quite a nice one.”

$DOGE

I hate what DOGE has become with a passion but this setup is actually quite a nice one

I'm not gonna buy it I'd rather buy XRP just thought I'd share.

Good thing is if DOGE manages to go up other crap will too. pic.twitter.com/2BwikHHKgp

— DonAlt (@CryptoDonAlt) August 27, 2021

Kaleo recently predicted that smart contract platform Cardano could rally 6x in the coming months. ADA/BTC looks right on track for his prediction after climbing above its immediate resistance, he says.

“ADA/BTC about to keep sending.” 

$ADA / $BTC about to keep sending pic.twitter.com/QQ5sQEkeOI

— K A L E O (@CryptoKaleo) August 27, 2021

Kaleo has seen a bullish path for internet of things (IoT) blockchain Helium’s native token HNT. The trader now predicts HNT to break out in its Bitcoin pair (HNT/BTC) as well as its USD pair.

“I’m still extremely bullish on Helium. The recent dip was nothing more than a clean retest of the recent HTF [high timeframe] breakout on the BTC pair chart.”

And one more time, looking at the $HNT USD chart, I’m confident this breaks out of this range higher soon enough pic.twitter.com/G1kEAI58ij

— K A L E O (@CryptoKaleo) August 27, 2021

Kaleo previous bullish prediction on stablecoin-focused DeFi (decentralized finance) platform Terra (LUNA) hasn’t changed. LUNA is right on the cusp of a breakout, says the analyst.

“LUNA looks ready to make a strong move back into price discovery. It’s on the verge of breaking out above resistance from the daily close of the most recent accumulation period, which when that happened for other mini-ranges in this run was extremely bullish.”

$LUNA looks ready to make a strong move back into price discovery. It’s on the verge of breaking out above resistance from the daily close of the most recent accumulation period, which when that happened for other mini-ranges in this run was extremely bullish. pic.twitter.com/ZvszRBhdsU

— K A L E O (@CryptoKaleo) August 27, 2021

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