Crypto analyst Kaleo suggests that the Cosmos (ATOM) blockchain ecosystem is poised for a significant rally and predicts that ATOM will rise towards the $16 resistance level after a short-term squeeze. Currently, ATOM’s price is at $8.95 following a 24-hour decline.
Following ATOM, Kaleo turned the spotlight to the Worldcoin (WLD) crypto project, founded by OpenAI’s Sam Altman. He stated that WLD would embark on an uptrend after breaking the $2.55 resistance and could surpass the peaks of July this year. WLD’s price has decreased by 4.27% in the last 24 hours, now at $2.43.
Commenting on STEPN (GMT), Kaleo mentioned that GMT is currently trading above the resistance of its ascending channel and appears ready for a rally towards first $1 and then $0.65 levels. According to the latest data, GMT is trading at $0.2738, down by 8.18%.
Kaleo noted that GMT has increased by more than 10% since its recent entry and is maintaining his position based on his plan. Additionally, the analyst anticipates that these altcoins will gain value with the overall market rally.
According to Kaleo’s assessments, the cryptocurrency market expects significant increases in altcoins like ATOM, WLD, and GMT. He predicts that these crypto assets will break through resistance levels in the short term and move upwards.
