Popular financial education show InvestAnswers is bullish on $ATOM, the native coin of , which is “an ecosystem of networks and tools for creating interoperable blockchains.”
In a recent YouTube video, the anonymous host of InvestAnswers told viewers that $ATOM looks “absolutely perfect” to explode in price. The show’s host predicted that the altcoin would increase by roughly 40% in the next month.
As reported by The Daily Hodl, the host said:
“It’s pretty clear to me that we will hit $45 in probably a month or less. [ATOM] just looks absolutely perfect and set to skyrocket as we go forward. Not much selling pressure on the horizon and we should be able to get to that level [of] $45 which it hit four or five times in the last couple of months.“
Speaking in the same episode, InvestAnswers gave an update on the outlook for Ethereum, noting that $ETH is currently at the 0.5 Fibonacci level, a key landmark for an asset attempting to make a breakthrough. The host said Ethereum would first need to break its 50-day moving average before tackling the 200-day moving average. He predicted the price would “hopefully” get to $3,700, before making a run to a new all-time high of $4,800.
InvestAnswers was also bullish on Terra ($LUNA), saying that the altcoin was making a “nice recovery,” while claiming Avalanche ($AVAX) was in the overbought zone and “might be running a little bit out of steam.”
According to data by TradingView, on Coinbase, currently (as of 3:35 p.m. UTC) $ATOM is trading around $27.42.
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