Top crypto traders believe three low-profile altcoins, including decentralized exchange ThorChain (RUNE), are poised for a strong surge.
Starting with decentralized storage network Filecoin (FIL), cryptocurrency analysts believe there will be no resistance until the altcoin hits $5.80.
“I think FIL will do the same thing as COMP.
Grind to highs roughly equivalent to pockets of liquidity.Price should change from $4.70 to $5.80 soon
This is an air pocket and all air pockets are closed. ”
At the time of writing, the FIL is trading at $4.80 and above the trader’s marked resistance area of $4.70.
RUNE is next, likely to follow in Filecoin’s bullish footsteps, Kantering-Clark says.
“They all look the same. RUNE has the same setup as FIL.
The difference is that it’s actually 1/7 of the market cap.
It’s all one deal. The seller has gone astray. ”
At the time of writing, RUNE is trading at $1.76, which is also above the trader’s resistance level.
The last coin analysts focused on is LOOKS, a utility token from Ethereum-based non-fungible token (NFT) marketplace LooksRare. Cantering Clarke says altcoins look poised for a strong breakout.
“LOOKS seems to be completely bankrupt.
This is a shuffle game for now. ”
As of this writing, LOOKS has switched hands at $0.21, well above the traders’ resistance of $0.187.
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