A closely-followed analyst and dealer is pulling again the curtain on his largest crypto place outdoors of Bitcoin.
In a brand new tweet, the pseudonymous Kaleo tells his 81,900 followers that FTX Token (FTT), the native asset of crypto derivatives trade FTX, is primed to erupt over 170% from its present worth of $37 within the coming months.
“FTT to $100 this summer time confirmed… FTT/USD is my largest spot bag outdoors of BTC for a motive.”
One other coin on Kaleo’s radar is Bitmax Token (BTMX). Based on the dealer, the native token of digital asset buying and selling platform Bitmax is on the cusp of pulling off an enormous bullish transfer.
“Purchased a bag of BTMX (BitMax Token). It seems primed for continuation together with the remainder of the trade cash.”
Swipe (SXP), the native asset of the Swipe decentralized finance (DeFi) ecosystem, can also be on Kaleo’s record. The crypto strategist expects the token to rise over 100% from its present worth of $2.97.
“SXP is by far the most important laggard relating to Sam [Bankman-Fried] cash. Whether or not it’s simply as a result of TA or whether or not there’s some kind of main information quickly, I anticipate this to blow previous the outdated ATH (All-time excessive) when it breaks out of this vary. I’ve a bag.”
The dealer can also be preserving a detailed eye on Circulation (FLOW), a crypto asset created to be used instances within the gaming and non-fungible tokens (NFT). Kaleo believes that Circulation is now able to resume its bullish ascent after breaking out of consolidation.
“FLOW is prepared. Ship it.”
The fifth token on Kaleo’s watchlist is blockchain gaming platform Enjin Coin (ENJ), which he says is gearing up to ignite an enormous transfer towards Bitcoin.
“I anticipate a couple of extra days of chop earlier than the subsequent leg up out of this vary.”
As for BNT, the native asset of decentralized trade Bancor Community, Kaleo says he’s shopping for the dip as he expects the coin to right within the quick time period.
“Taking some revenue right here. I’ll add again on the retest.”
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