Three altcoins could experience bullish trends very soon according to analyst Rekt Capital. The well-known trader believes that Litecoin (LTC), ATOM and SAND are all showing signs of impending upside. He shared his thoughts with his followers on Twitter.
A potential imminent rise in the price of Litecoin
The crypto analyst known by the pseudonym Rekt Capital enjoys a high profile on Twitter. The expert is followed by nearly 350,000 cryptophiles on the social network. He does not hesitate to share his analyzes with his virtual community. Last April, Rekt Capital predicted a major trend change for bitcoin (BTC).
The trader is interested this time in three altcoins, which he believes are all bound for imminent upside. In a recent tweet, he states that Litecoin whose current value is $85.92 may soon see its price climb. “LTC successfully retested the blue bull flag top, allowing a move back into the red-red range. LTC’s return to the red-red range means it could soon follow the rest of the red trajectory,” he said.
What about ATOM and SAND?
Besides Litecoin, Rekt Capital also predicts a bullish trend for ATOM. The Cosmos Hub blockchain native cryptocurrency has a value of $9.26 at the time of writing. A value that could increase by more than 20% according to the analyst.
He says, “The upside continues and ATOM continues to position itself for a favorable monthly close that could set the price up for a revisit of the $11 zone over time.”
The third cryptocurrency whose price increase is imminent according to Rekt Capital is SAND. The token is currently worth $0.44, but the analyst believes that this price could climb to $0.638 soon. “SAND was able to recover the black support and achieve a rally of over 14%. By doing so, SAND could revisit blue tops over time,” he asserted.
As a reminder, the SAND token is based on the Ethereum blockchain and powers the The Sandbox metaverse. The Sandbox which recently made exciting announcements during NFC Lisbon has been growing since its launch.
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