• Crypto analyst Bluntz has called two low-cap altcoins, The Graph (GRT) and Fetch.ai (FET), bullish and expects them to rally to his target price of $0.135 for GRT and $0.265 for FET.
• Bluntz also believes Litecoin (LTC) is headed towards his target of $100 after respecting the 0.618 Fibonacci level as support.
• The crypto trader also thinks many traders are currently sitting on the sidelines even though crypto is beginning to show signs of bullishness.
Crypto Analyst Flips Bullish On Two Low-Cap Altcoins
Pseudonymous crypto analyst Bluntz tells his 223,100 Twitter followers that the blockchain-indexing protocol The Graph (GRT) appears to be mirroring Bitcoin’s price action earlier this year when it rallied from $17,000 to above $30,000 and predicts a rally toward his target of $0.135 for GRT. Bluntz also believes decentralized machine-learning network Fetch.ai (FET) looks bullish after bouncing close to the 0.786 Fibonacci level with a predicted target of $0.265 for FET.
Litecoin Headed Towards Target Of $100
Bluntz also says that he believes peer-to-peer payments network Litecoin (LTC) appears headed toward his target of $100 after respecting the 0.618 Fibonacci level as support with a predicted target of $91.59 for LTC at time of writing .
Many Traders Sidelined
The crypto trader believes many traders are currently sitting on the sidelines even though crypto is beginning to show signs of bullishness due to lack enthusiasm on social media timelines about the upswing in cryptos prices overall .
Analysis By Bluntz
According to Bluntz’s analysis , GRT broke out of an ascending channel which signals a potential move upward while FET looks bullish after bouncing close to the 0786 Fibonacci level while LTC appears headed towards its targeted 100 dollars mark following respect shown by 0 618 fibonacci levels as support .
In conclusion , pseudonymous crypto analyst Bluntz has called two low-cap altcoins , namely ; The Graph (GRT) and Fetch .ai (FET), bullish and expects them to rally according their respective targets for each coin while Litecoin(LTC)’s targeted value being 100 dollars . In addition , many traders seem sidelined due lack enthusiasm about cryptos overall movements despite showing signs off bull market activity