A well-liked crypto analyst identified for calling the 2018 Bitcoin (BTC) backside is bullish on one prime Ethereum (ETH) rival.
Pseudonymous dealer Sensible Contracter tells his 221,800 Twitter followers that Fantom’s (FTM) worth chart seems to be “actually good.”
“I’m liking FTM right here, stable 17% dip, bouncing from key assist and construction thus far has solely been a 3 wave transfer down. Price an extended [in my opinion].”
FTM is value $0.468 at time of writing. The Forty third-ranked crypto asset by market cap is down 2.36% previously 24 hours however stays up greater than 135% for the reason that begin of the yr.
Sensible Contracter can be bullish on the governance token for the Frax (FXS) stablecoin protocol.
“Actually liking FXS right here, lovely 5 wave rise from the lows and three wave transfer again all the way down to the 0.618. Anticipating development continuation from right here upwards of 40%.”
FXS is buying and selling at $7.90 at time of writing. The Eightieth-ranked crypto asset by market cap is down greater than 2.5% previously 24 hours.
By way of different crypto belongings, Sensible Contracter says he’s now an “ETH maxi” as a result of the second-ranked crypto asset by market cap handed a goal worth in opposition to Bitcoin within the first quarter of 2023.
Ethereum is buying and selling at $1,734 at time of writing, down 3.75% previously 24 hours.
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