A widely followed crypto trader believes that a trio of altcoins are gearing up for big moves to the upside.<\/p>\n
Pseudonymous analyst Kaleo tells his 620,300 followers on the social media platform X that he\u2019s bullish on the native asset of ORDI (ORDI<\/a>), a crypto project that aims to bring non-fungible token (NFT) capabilities to the Bitcoin (BTC<\/a>) blockchain.<\/p>\n The trader shares a chart that shows ORDI has broken above its diagonal resistance, suggesting that the coin is poised to start the next leg up.<\/p>\n \u201cORDI looks ready to absolutely rip.\u201d<\/em><\/p>\n Last week, Kaleo said ORDI could rally on the back of BTC\u2019s strength.<\/p>\n \u201cBitcoin looks primed for continuation higher as equities are continuing to print new all-time highs. Betting on BTC narratives seems like a no-brainer play here. Ordinals are going to play a huge role this cycle, and I\u2019d be surprised if we don\u2019t see the ORDI chart make another leg up.\u201d\u00a0<\/em><\/p>\n Based on the trader\u2019s chart, he seems to predict that ORDI will rise to a new all-time high of $130. At time of writing, ORDI is worth $68.23.<\/p>\n Next up, Kaleo says he\u2019s keeping a close watch on the smart contract platform Avalanche (AVAX<\/a>). According to Kaleo, AVAX is primed to rally toward its 2023 high after breaching its diagonal resistance.<\/p>\n \u201cAVAX is about to rip back above $50, but you wouldn\u2019t bullieve it.\u201d<\/em><\/p>\n At time of writing, AVAX is worth $39.37, down about 5% in the last 24 hours but still above Kaleo\u2019s resistance.<\/p>\n The last coin on the trader\u2019s radar is the native asset of the decentralized exchange protocol THORChain (RUNE<\/a>). Kaleo says RUNE looks bullish against Bitcoin (RUNE\/BTC), and he sees the pair rallying to its highs at around 0.00049807 BTC ($24.64).<\/p>\n \u201cRUNE\/BTC looks similar with a high time frame breakout followed by a clean retest which looks ready to send back to the highs.\u201d\u00a0<\/em><\/p>\n At time of writing, RUNE\/BTC is trading for 0.00010475 BTC ($5.18).<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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