A popular crypto analyst and trader is unveiling the content of his altcoin portfolio, saying that Cosmos (ATOM) is primed to record new all-time highs.
Crypto strategist Josh Rager tells his 192,600 Twitter followers that he’s holding Ethereum competitors Avalanche (AVAX) and Near as well as elastic blockchain network Skale (SKL), privacy-focused blockchain Dusk and decentralized parallel blockchain network Cosmos.
The crypto analyst also says that he’s also bullish on Frax Share (FXS), the governance token of fractional-algorithmic stablecoin system Frax Protocol, and Curve (CRV), the governance token of decentralized exchange (DEX) Curve Finance.
Sitting in $AVAX $ATOM $DUSK $NEAR $SKL positions currently
Don’t chase, every asset eventually pulls back and allows better entry
— Rager ? (@Rager) January 2, 2022
Looking at ATOM, Rager believes that the altcoin is ready to run to new record highs after breaching its immediate resistance at $32.
“ATOM. A matter of time until new highs…
Keep an eye on ATOM depending on Bitcoin’s price action here. One of the strongest assets out in the market right now. Expecting a very strong reaction when Bitcoin bounces.“
At time of writing, ATOM is trading at $34.83.
Next up is Skale, which Rager says is threatening to take out resistance at $0.21 and ignite a rally.
“Watch for SKL here. Will scale in more if price shows strength.”
At time of writing, SKL is exchanging hands around Rager’s key level of $0.21.
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Source: https://dailyhodl.com/2022/01/04/crypto-strategist-unveils-altcoin-portfolio-for-start-of-2022-predicts-new-all-time-highs-for-cosmos-atom/