Smart Contracter Predicts Rallies For Avalanche (AVAX) And Cosmos (ATOM)
A prominent crypto market analyst and trader, known as Smart Contracter is closely following two altcoins, Avalanche (AVAX) and Cosmos (ATOM), which he believes are on the verge of huge rallies.
Avalanche (AVAX)
Smart Contracter shares with his 184,300 followers that he thinks that smart contract platform Avalanche (AVAX) still has room to grow, even after doubling its value in the past month.
The analyst says that AVAX chart looks very similar to SOL chart when it was making big moves earlier this year.
“If the Solana run is anything to go by, then AVAX should have plenty of gas left in the tank.”
According to Smart Contracter’s chart above, he suggest that AVAX could rally up to $280 from its current price of $126.
Cosmos (ATOM)
Smart Contracter is also looking into Cosmos (ATOM), the project known as “the internet of blockchains.” The analyst makes a similar comparison between ATOM’s current market structure AVAX’s price action before launched its most recent rally.
“ATOM reminding me big time of AVAX here, structurally.”
The analyst’s drawing above suggests that ATOM could rally 3X to $100 from its current price of $32.
ETH/BTC
Smart Contracter also has his eyes on ETH/BTC pair. Looking at the pair current chart formation, it has similarities to 2017 ETH/USD chart, after ETH went parabolic.
“This ETH/BTC consolidation has 2017 ETH/USD vibes all over it.”
