bullish

Synapse

DeFi

Fantom

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/analyst-foresees-synapse-price-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analyst Foresees Synapse Price Surge</a><br></p>
<p style="text-align: justify">In the cryptocurrency market, a widely-followed analyst, The Crypto Dog, has forecasted a significant rise for a low market cap altcoin, Synapse (SYN), within the decentralized finance (DeFi) sector. Additionally, the analyst has expressed bullish sentiments for two prominent altcoins: Fantom (FTM) and Curve DAO (CRV).</p>
<h2 id="why-synapse-could-see-a-75-increase">Why Synapse Could See a 75% Increase?</h2>
<p style="text-align: justify">The Crypto Dog, an anonymous cryptocurrency expert, took to social media platform X to share his optimistic view on Synapse (SYN). He predicts that SYN, currently priced at approximately $0.566, could experience a surge exceeding 75%. The analyst commented, “It could see $1,” emphasizing his confidence by revealing a recent purchase following a 10% price pullback.</p>
<p style="text-align: justify">For those unacquainted, Synapse is a protocol designed to facilitate secure cross-blockchain communication. Despite its current trading value at $0.566, Synapse has faced a 12.82% decline in the last 24 hours. Launched in August 2021, this project offers compatibility with various Layer-1 and Layer-2 networks.</p>
<h2 id="what-is-the-outlook-for-fantom-and-curve-dao">What is the Outlook for Fantom and Curve DAO?</h2>
<p style="text-align: justify">In addition to Synapse, The Crypto Dog has shared a favorable outlook for Fantom’s FTM, a notable contender to Ethereum. His analysis indicates an imminent breakout from a descending trend line on the hourly chart, suggesting an enticing buying opportunity. He stated, “It could be an attractive breakout for FTM,” and affirmed his position in FTM.</p>
<p style="text-align: justify">Furthermore, the analyst is optimistic about Curve DAO (CRV), a decentralized exchange focused on stablecoins. He believes CRV, currently at $0.30 after a slight dip, presents a potential buying opportunity, with expectations of a rebound from the $0.318 level.</p>
<h2 id="key-insights-for-investors">Key Insights for Investors</h2>
<p style="text-align: justify">Here are some actionable insights based on the analyst’s predictions:</p>
<ul>
 <li>Synapse (SYN) could potentially rise from $0.566 to $1, a 75% increase.</li>
 <li>Fantom (FTM) may experience a breakout, making it an attractive investment opportunity.</li>
 <li>Curve DAO (CRV) at $0.30 could be a buying opportunity, expecting a bounce back from $0.318.</li>
</ul>
<p style="text-align: justify">Investors should consider these forecasts for potential short-term gains in the DeFi sector.</p>
<p style="text-align: justify">In summary, The Crypto Dog’s predictions suggest promising prospects for Synapse, Fantom, and Curve DAO, highlighting potential opportunities for <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> amidst current market dynamics.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/analyst-foresees-synapse-price-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analyst Foresees Synapse Price Surge</a></h5>

Analyst Foresees Synapse Price Surge

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