A widely followed analyst thinks that massive gains are ahead for a new decentralized finance (DeFi) altcoin.<\/p>\n
Pseudonymous analyst Inmortal tells his 209,300 followers on the social media platform X that the governance token of the Solana (SOL<\/a>)-based decentralized exchange aggregator Jupiter (JUP<\/a>) looks primed for a parabolic surge.<\/p>\n Inmortal shares a chart suggesting that JUP will rally to a new all-time high of $2.30, an increase of more than 207% from current levels.<\/p>\n At time of writing, JUP is trading for $0.747.<\/p>\n Next up, the trader is keeping a close watch on the decentralized oracle network Chainlink (LINK<\/a>). Inmortal says he expects LINK to consolidate for a couple of weeks before moving higher.<\/p>\n \u201cRange high + moving average 200 [retest]. One to two weeks more of chop between $17-$21 then another leg up, in my opinion.\u201d At time of writing, LINK is worth $20.01.<\/p>\n Another coin on the trader\u2019s radar is Constellation (DAG<\/a>), a cryptocurrency platform built on a Directed Acyclic Graph (DAG) structure. According to Inmortal, DAG is in a position to witness an uptrend after ending an extended accumulation period.<\/p>\n \u201cLove the DAG chart.<\/em><\/p>\n A +500 days accumulation is over and ready to expand in the next months.<\/em><\/p>\n You don\u2019t see this every day.\u201d<\/em><\/p>\n Looking at the trader\u2019s chart, he appears to have marked $0.10, $0.20 and $0.46 as key resistance levels for DAG. At time of writing, DAG is worth $0.076.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: DALLE3<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed analyst thinks that massive gains are ahead for a new decentralized finance (DeFi) altcoin. Pseudonymous analyst Inmortal tells his 209,300 followers on the social media platform X that the governance token of the Solana (SOL)-based decentralized exchange aggregator Jupiter (JUP) looks primed for a parabolic surge. Inmortal shares a chart suggesting that […]<\/p>\n","protected":false},"author":2,"featured_media":213297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-262568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=262568"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262568\/revisions"}],"predecessor-version":[{"id":262570,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262568\/revisions\/262570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/213297"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=262568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=262568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=262568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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