Trader Predicts Nearly 200% Surge for Under-the-Radar Altcoin, Says 2024 Is Going To Be ‘Insane’ for Crypto
A widely followed cryptocurrency analyst and trader is predicting that one under-the-radar altcoin will n early triple in value. The analyst pseudonymously known as Kaleo tells his 612,400 followers on the social media platform X that scaling platform Celer Network (CELR) could break out from an enduring accumulation phase. “The DOT (Polkadot) ecosystem is ripping across the board. Grabbed a bag of CELR to get some exposure. Looking for a squeeze out of this base range it’s been accumulating in since spring of 2022, similar to the move it had in early 2021.” Source: Kaleo/X Looking at his chart, the trader suggests that CELR could soon soar to around $0.0700. CELR is trading for $0.02336 at time of writing, down n early 1% in the last 24 hours. As for the entire crypto market, Kaleo is predicting a bullish 2024 for the asset class as Bitcoin’s (BTC) strong rally this year appears to have inspired the strong performance of many altcoins as of late...