A well-known cryptocurrency analyst, CryptoBusy, has identified three altcoins that exhibit strong potential for notable price movements in the upcoming weeks. These predictions, shared by the influential crypto expert on Twitter, urge traders to monitor these specific tokens closely.
In a recent tweet, crypto expert CryptoBusy shared valuable insights on potential altcoins to watch out for, highlighting multi-week and monthly resistance moves:
KEEP AN EYE ON THESE ALTCOINS! 👀
— CryptoBusy (@CryptoBusy) June 23, 2023
• Potential Multi week and monthly resistance move
• Always wait for a confirmation before entering a trade#Bitcoin #Crypto #Altcoin #TradingTips
👇👇👇
Topping the list is the NEAR Protocol (NEAR), an advanced blockchain platform empowering developers to create decentralized applications with exceptional scalability effortlessly. Given its rapidly expanding ecosystem and growing adoption, this promising project is highly anticipated to experience a significant surge in value.
Crypto analyst CryptoBusy has also mentioned Chainlink ($LINK) in their recent tweet, highlighting the potential for a significant move after a year-long consolidation. This decentralized oracle network is crucial in connecting smart contracts to real-world data sources, making it an essential component in the decentralized finance (DeFi) space. Traders and investors are advised to pay attention to Chainlink as it could have extensive implications for the broader market.
Source: TradingView
In addition to the altcoins mentioned earlier, the well-known crypto analyst CryptoBusy has also discussed Ethereum Classic (ETC) and its multi-year resistance on the 1D chart. This indicates that Ethereum Classic has caught the attention of market observers and is considered a potential breakout candidate.
CryptoBusy advises traders to wait for confirmation before entering any trades, stressing the importance of caution and comprehensive research when investing in the volatile crypto market. Nonetheless, these three altcoins have sparked interest among crypto enthusiasts as potential breakout stars.
As the crypto landscape develops, staying informed about promising projects and potential opportunities is crucial for investors and traders. Whether you’re an experienced trader or new to cryptocurrencies, remaining vigilant and staying up-to-date can make all the difference in your investment strategy.
In conclusion, NEAR Protocol, Chainlink, and Ethereum Classic are three altcoins that have captured CryptoBusy’s attention and other market observers. With potential breakouts on the horizon, these projects may provide unique investment opportunities for those looking to diversify their crypto portfolios. Keep an eye on further updates and analysis regarding these exciting developments in the cryptocurrency realm.
