Cosmos

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 A widely followed crypto strategist thinks that the interoperable blockchain ecosystem Cosmos (ATOM) is primed for a move up.
 Pseudonymous analyst Kaleo tells his 606,800 followers on the social media platform X that he’s bullish on ATOM as he believes that the altcoin is “due for a squeeze.”
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 “I’m long.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F_z1VT1XsAApvgw?format=jpg&amp;name=large" alt="Image" width="1777" height="772">
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 Source: Kaleo/X
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 Looking at the trader’s chart, it appears to suggest that ATOM has taken out a multi-month diagonal resistance with the next area of resistance at $16. At time of writing, ATOM is worth $9.69.
 Another coin on the trader’s radar is Worldcoin (WLD), a crypto project founded by OpenAI creator Sam Altman. According to the analyst, WLD is threatening to launch a breakout rally after moving above resistance at $2.55.
 “Picked up a bag of WLD.
 Nice little pennant breaking above July highs, the market is bullish = send it higher.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F_y_bDdWIAAdKxG?format=jpg&amp;name=large" alt="Image" width="1766" height="777">
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 Source: Kaleo/X
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 At time of writing, WLD is worth $2.62.
 The analyst is also updating his outlook on the move-to-earn project STEPN (GMT). According to the crypto strategist, GMT is now above the resistance of an ascending channel and looks primed for a rally toward $0.65 first with the next target at $1.
 “GMT is still up &gt;10% the past couple of days since entry even after the retrace. I’m holding and trusting the plan.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F_4tVdQWEAApI2d?format=jpg&amp;name=large" alt="Image" width="1783" height="775">
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 Source: Kaleo/X
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 At time of writing, GMT is trading for $0.30.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/analyst-predicts-upward-squeeze-for-cosmos-and-one-additional-altcoin-updates-outlook-on-one-crypto-asset-tbt71829.html">https://thebittimes.com/analyst-predicts-upward-squeeze-for-cosmos-and-one-additional-altcoin-updates-outlook-on-one-crypto-asset-tbt71829.html</a>

Analyst Predicts Upward Squeeze for Cosmos and One Additional Altcoin, Updates Outlook on One Crypto Asset

TheBitTimes

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