Prominent Crypto Trader Sees Bullish Chase For Three Altcoins, Says Ethereum In Accumulation Stage

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Popular crypto analyst and trader calls for more bullish moves for three altcoins.

In a new Twitter thread, the pseudonymous trader known as Crypto Dog tells its 572,000 followers that Elrond (EGLD), which has gone from around $ 100 to $ 150 in the past two weeks, is likely intended to a bullish pursuit.

The analyst also says EGLD could stay in an uptrend for days or weeks.

“EGLD is preparing for a solid 3D after the consolidation breakdown. It could evolve for days / weeks.

Source: The Crypto Dog

The trader is also interested in PancakeSwap (CAKE), the decentralized exchange platform based on Binance Smart Chain.

Analyst says CAKE has been in an uptrend since late July and will likely continue to climb, possibly reaching all-time highs in the near future.

“CAKE / USD has only been in bullish mode since the end of July. All-time incoming records? “

The trader is also bullish on the Layer 2 Polygon Scaling Network (MATIC), predicting that the asset will regain the $ 2 level.

“It looks like a bullish consolidation on MATIC. They are going to put it back at $ 2 and more “

Source: The Crypto Dog

Finally, The Crypto Dog says the Ethereum smart contract platform is likely entering a consolidation phase as it is trading around $ 3,000 to $ 3,200.

“ETH consolidates, my money is on the accumulation.”

Source: The Crypto Dog Don’t Miss a Beat Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check the latest news Disclaimer : The opinions expressed in Daily Hodl are not investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may suffer is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

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