Price Prediction for Altcoin COSMOS 2021. The crypto market is now trading in green, after a significant sell-off the day before. BTC is now above $61K, but ETH and BNB have risen 5.3K and 8%, respectively. The rally was hampered by Shiba Inu, the outperformer.
Pentoshi is a well-known crypto analyst who expects Cosmos to rally, Bitcoin (BTC), as well as one low-cap DeFi coin.
Cosmos (ATOM)
His Twitter followers were informed by the crypto expert that Cosmos (ATOM), which is a smart contract platform and smart contract platform, seems poised to surpass the crypto market within the next few weeks.
Pentoshi anticipates ATOM will appreciate 100 percent in comparison to its Bitcoin pairing (ATOM/BTC to 0.00129 BTC $76.14), as the token has support of around 0.0006 BTC ($35.42).
“ATOM [in My opinion] going to one of the best, if not the greatest performers in the coming weeks.”
He claims that the chart is ready for a major rise and has all the ingredients with [technical analysis] as well [fundamental analysis].
$ATOM imo going to be one of the best if not the best performers in the next few weeks
Chart is primed for a major move up and has all the right ingredients with TA + FA aligning
Imo going to go absolutely parabolic ala $SOL / $AVAX pic.twitter.com/4ljccMfyLR
— Pentoshi Won’t Dm You. hates Dm’s. DM’s are scams (@Pentosh1) October 26, 2021
At the time of writing, ATOM has risen from a 24 hour low of $38.5 to $40.53. it is currently up by 3.6% in the last 24 hours.
Woo Network (WOO)
WOO Network (WOO), a deep liquidity network connecting traders, exchanges, institutions, and decentralized finance (DeFi) platforms, is Pentoshi’s second cryptocurrency pick.
WOO is a comfy hold for Pentoshi, with fresh all-time highs (ATHs) on the horizon, with the crypto asset presently trading at $1.23, under the resistance of its previous all-time high.
“Glory awaits, have never once sold a token. Another one that I feel comfortable with. Some things I trade, some things I hold. So far so good! Hoping they continue to grow at this speed”
At the time of writing, WOO is trading at $1.23 up by 0.8% in the last 24 hours. It has fallen from a 24 hour high of $1.29.
Bitcoin (BTC)
In terms of Bitcoin, he says the top cryptocurrency is exhibiting signs of strength after perfectly retesting a major Fibonacci level around $59,985.
He explains that BTC Price produced a great retest at a shallow [Fibonacci] level on a 10% decline after breaking ATHs, and it appears to be set up for sustained price discovery.
