By John Smith
Cosmos (ATOM)
Renowned crypto analyst Elias Anderson, who commands a substantial following of over 600,000 on X, predicts a substantial rally for Cosmos’s native token, ATOM.
Anderson anticipates a decisive breakout above ATOM’s diagonal resistance at $9.50, which he believes will pave the way for a surge to $10 and potentially even $11.50.
Gala (GALA)
Anderson also identifies Gala’s native asset, GALA, as poised for a surge towards his target price of $0.06 after breaking out of its bear market diagonal resistance.
Despite GALA’s relatively muted performance to date, Anderson remains optimistic about its prospects, predicting a return to its 2023 highs.
Stacks (STX)
Anderson’s analysis extends to Stacks (STX), a project that aims to enhance Bitcoin’s functionality by enabling decentralized applications and smart contracts.
According to Anderson, STX is well-positioned for a rally to $1 once it overcomes its diagonal resistance at $0.80. He advises investors to consider any dips before this resistance level as buying opportunities.
Disclaimer: The opinions expressed in this article are solely those of Elias Anderson and do not constitute investment advice. Investors are strongly advised to conduct their own thorough research before making any high-risk investments.
Credit and rights belong to MigBase.com