Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Park City & Deer Valley will continue to return to it
    • High Country, High Summer: The best adults adults in Park City, Utah
    • Deer Valley Utah Readies for the largest ski expansion in history
    • Cedar Park is among the top 25 American cities thanks to the gardens and public vision
    • After 45 years of hope marathon, this northern town inspires a new generation of Voyageers
    • Romantic escape to the Bay of Thunder: a three -day haven for adventurous couples
    • Adventure things to do in Laureto, Mexico
    • Costa Rica retreated: Paradise of wellness in Central America
    Facebook X (Twitter) Instagram
    ZEMS BLOG
    • Home
    • Sports
    • Reel
    • Worklife
    • Travel
    • Future
    • Culture
    • Politics
    • Weather
    • Financial Market
    • Crypto
    ZEMS BLOG
    Home » Trader expects a big rally in cryptocurrencies for decentralized exchanges, says altcoins look very strong
    Crypto

    Trader expects a big rally in cryptocurrencies for decentralized exchanges, says altcoins look very strong

    ZEMS BLOGBy ZEMS BLOGJanuary 2, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    One cryptocurrency strategist believes that one of the altcoins flying under the radar is poised for a major hacking boom.

    The analyst with the pseudonym The Crypto Dog tells his 755,600 followers on social media platform formation Huge bullish pattern on the weekly chart.

    According to the cryptocurrency strategist, GMX could see a roughly 90% upside if it crosses the immediate resistance at $56.26.

    “GMX is drawing a huge inverse head and shoulders for several months… The benchmark gives a target of $106 for GMX.”

    picture
    source: Cryptodog/X

    At the time of writing, GMX is trading at $56.56, just above trader resistance.

    In addition to GMX, there is also The Crypto Dog rising On the smart contract platform Near (NEAR) and DEX Injective (INJ).

    “I would like to see $7+ on NEAR, around $50 on $INJ and $62-70 on GMX.

    Re-evaluation will take place in a timely manner if necessary.

    He may not be able to hold NEAR and INJ at all. Not sure if we'll form from here or not, but the entries look good.

    The GMX seems pretty solid though.

    Looking closely at NEAR, the analyst believes it is poised for a continuation of the uptrend after retesting the support level at $3.60.

    “Yes that sounds like a continuation.”

    picture
    source: Cryptodog/X

    At the time of writing, NEAR is valued at $3.74 while INJ is trading at $36.04.

    Never miss an opportunity – sign up to get email alerts delivered directly to your inbox

    Check price action

    Follow us TwitterAnd Facebook and Telegram

    Browse Hodl's daily mix

    Check the latest news headlines

    &nbsp

    Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Generated image: mid-flight



    Source link

    ZEMS BLOG
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleShocking video: South Korean opposition party leader stabbed in the neck during a press conference | Critic portal
    Next Article “I'm so terrified”: I'm buying a house, but the home inspector finds dead roaches and rat droppings. Do I have to bail?
    ZEMS BLOG
    • Website

    Related Posts

    A security engineer was imprisoned for 3 years for hacking cryptocurrencies worth $12 million

    April 12, 2024

    6 Common Risks in Self-Directed IRAs and Bitcoin Checkbooks

    April 12, 2024

    Asset tokenization, artificial intelligence attracts focus from IOSCO Fintech team

    April 12, 2024
    Leave A Reply Cancel Reply

    Park City & Deer Valley will continue to return to it

    August 26, 2025

    High Country, High Summer: The best adults adults in Park City, Utah

    August 26, 2025

    Deer Valley Utah Readies for the largest ski expansion in history

    August 23, 2025

    Cedar Park is among the top 25 American cities thanks to the gardens and public vision

    August 22, 2025
    Recent Posts
    • Park City & Deer Valley will continue to return to it
    • High Country, High Summer: The best adults adults in Park City, Utah
    • Deer Valley Utah Readies for the largest ski expansion in history
    • Cedar Park is among the top 25 American cities thanks to the gardens and public vision
    • After 45 years of hope marathon, this northern town inspires a new generation of Voyageers
    About

    ZEMS BLOG in partnership with Holiday Omega keeps you informed. Bringing you the latest news from around the world with fresh perspectives and unique insights. Your daily source for news from around the world. All perspectives, all curated for a global audience.

    Facebook X (Twitter) Instagram YouTube Telegram
    • About Us
    • Contact Us
    • Privacy Policy
    • Disclaimer
    Subscribe For latest updates

    Type above and press Enter to search. Press Esc to cancel.