According to a widely-followed analyst, a new DeFi altcoin will bring massive gains.
Inmortal, a fictitious analyst, told his 209300 followers on the social networking platform X that Solana’s governance token is (SOLJupiter is a decentralized trading aggregator that operates in the ) area.JUP) looks primed for a parabolic surge.
Inmortal has shared a chart which suggests that JUP is likely to rally up to a record high of $2.30. That’s a gain of 207% over current levels.
JUP currently trades for $0.747.
The trader then keeps a close eye on the decentralized Oracle network Chainlink.LINK). Inmortal believes LINK will consolidate for a week or two before moving upwards.
“Range high + moving average 200 [retest]. One to two weeks more of chop between $17-$21 then another leg up, in my opinion.”
LINK is currently worth $20.01.
Constellation is another coin that traders are interested in.DAG), a cryptocurrency platform built on a Directed Acyclic Graph (DAG) structure. Inmortal believes that DAG has a good chance of experiencing an uptrend following an extended accumulation phase.
Love the DAG chart.
The accumulation of +500 days is complete and the expansion in the next months.
“You don’t come across this very often.”
On the trader’s chart, it appears that he has marked key resistance levels of $0.10, $0.05, and $0.46 for DAG. DAG was worth $0.076 at the time of this writing.
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