Anonymous

Synapse

Fantom

Rise

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-significant-rise-for-low-market-cap-altcoin/" data-wpel-link="internal">Analyst Predicts Significant Rise for Low Market Cap Altcoin</a> 
In the cryptocurrency <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a>, closely followed analyst The Crypto Dog predicted a significant rise for a low market cap altcoin in the decentralized finance (DeFi) sector. The analyst also made bullish comments for two leading altcoins, Fantom (FTM) and Curve DAO (CRV). 
<h2 style="text-align: justify" id="strong-expects-over-75-rise-in-synapse-strong">Expects Over 75% Rise in Synapse</h2> 
Anonymous cryptocurrency analyst The Crypto Dog suggested to his followers on social media platform X that the Synapse (SYN) altcoin could rise over 75% from its current price. 
For those unfamiliar, Synapse is known as a protocol developed to provide secure cross-blockchain communication. The Crypto Dog stated that SYN’s price is around $0.566, saying, “It could see $1… It returned to the breakout level with a 10% price pullback. I bought SYN again.” 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-381701" src="https://coin-turk.com/wp-content/uploads/2024/08/Altcoin-SYN.jpeg" alt="" width="549" height="995"> 
Synapse is currently trading at $0.566 and has lost 12.82% in value over the past 24 hours. Launched in August 2021, this cross-blockchain network project can work compatibly with most Layer-1 and Layer-2 networks. 
<h2 style="text-align: justify" id="strong-analyst-predicts-rise-for-fantom-and-curve-dao-strong">Analyst Predicts Rise for Fantom and Curve DAO</h2> 
Besides Synapse, The Crypto Dog also shared positive views about Fantom’s FTM, a competitor to Ethereum. The analyst noted that the descending trend line on the hourly chart is about to break, expecting a rise for the altcoin and added, “It could be an attractive breakout for FTM… I opened a position in FTM.” 
Lastly, the analyst predicted a positive scenario for the stablecoin-focused <a href="https://en.coin-turk.com/uniswap-uni-sees-record-user-influx-amid-memecoin-mania/" data-wpel-link="internal">decentralized exchange</a> Curve DAO (CRV). He stated that CRV could rise after pulling back to the $0.318 level, saying, “This dip is probably a buying opportunity for CRV.” CRV is currently trading at $0.30, having lost over 1% in value in the past 24 hours. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-predicts-significant-rise-for-low-market-cap-altcoin/" data-wpel-link="internal">Analyst Predicts Significant Rise for Low Market Cap Altcoin</a></h5>
The post <a href="https://en.coin-turk.com/analyst-predicts-significant-rise-for-low-market-cap-altcoin/" data-wpel-link="internal">Analyst Predicts Significant Rise for Low Market Cap Altcoin</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Analyst Predicts Significant Rise for Low Market Cap Altcoin

Table of Contents

COINTURK NEWS

Other articles published on Aug 21, 2024

3 Top Solana Rivals to Buy to Turn $1 to $100

SUNDOG Buyer Makes 10000x Profit On $1.69K Investment In Just 6 Days!

Bitcoin Dominates Cryptocurrency Market

OKX Wallet Partners with Nubit to Enable Trustless Indexing for the Bitcoin Ecosystem

XRP Faces Major Resistance Level

Dogecoin Community Excited by Elon Musk's New Post, $2.47 Billion XRP in 24 Hours, PEPE Achieves ...

Join our free newsletter for daily crypto updates!