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Cryptocurrency trader names digital tokens that are ready for significant growth
Popular crypto trader Kaleo has said that three altcoins are poised for big growth. The analyst tells his 620,300 followers on the X platform that he is bullish on his own asset ORDI (ORDI), a cryptocurrency project that aims to integrate NFTs into the Bitcoin blockchain BTC $96,849.21 Bitcoin -1.55% Market capitalization $1.92 trillion VOL. 24 hours $2.75 billion .
The trader shared a chart showing that ORDI broke above its diagonal resistance. This indicates that the coin is ready to start the next stage of growth.
Last week, Kaleo said that ORDI could rise on the back of BTC’s strength:
«Bitcoin looks poised for continued growth as the stock continues to set new all-time highs. Betting on the BTC narrative seems to be a win-win. The tokens will play a huge role in this cycle, and I’d be surprised if we don’t see the ORDI chart go back up.»
Judging by the trader’s chart, he predicts that ORDI will rise to a new all-time high of $ 130. At the time of writing, the coin is worth $ 68.23.
Kaleo goes on to note that he is keeping a close eye on the Avalanche (AVAX) smart contract platform. According to the crypto expert, AVAX is poised to rise to its 2023 high after overcoming diagonal resistance:
«AVAX is about to break back above $ 50, but you’d be better off not buying it.»
At the time of writing, the price of AVAX was $ 39.37, which is about 5% lower than a day ago.
The latest coin on the trader’s radar is the native asset of the decentralized exchange protocol THORChain (RUNE). Kaleo says that RUNE looks bullish against bitcoin (RUNE/BTC), and he sees the pair rising to its highs of around 0.49 807 BTC ($ 24.64):
«RUNE/BTC looks like it has a breakout on the high timeframe followed by a clean retest that looks poised to return to the highs.»