Crypto Strategist The Crypto Dog Predicts Massive Breakouts for DeFi Altcoins Synapse (SYN), Fantom (FTM) and Curve DAO (CRV)
- WBOYOriginal
- 2024-08-21 09:00:10646browse
Pseudonymous analyst The Crypto Dog tells his 810,200 followers on the social media platform X that Synapse (SYN), a protocol that aims to
A popular crypto strategist is predicting a strong breakout for one decentralized finance (DeFi) low-cap altcoin.
The pseudonymous analyst, known as The Crypto Dog, has 810,200 followers on the social media platform X, where he shares his insights on the markets. Now, he’s predicting a massive breakout for Synapse (SYN).
The analyst is predicting that the protocol, which aims to enable secure cross-chain communication, could soar more than 75% from the current levels.
“Think it can see $1…
10% dip back to breakout level. I rebought SYN.”
At the time of writing, Synapse (SYN) is trading at $0.566, down 12.82% in the last 24 hours. The cross-chain network project was launched in August 2021 and is compatible with most other layer-1s and layer-2s.
The analyst is also keeping a close eye on Ethereum (ETH) rival Fantom (FTM), suggesting a breakout of a descending trendline may be forming on the hourly chart.
“Would be an attractive break FTM… Started position in FTM.”
At the time of writing, Fantom (FTM) is trading at $0.38, up slightly in the last 24 hours.
Lastly, the analyst says that the native asset for the stablecoin-focused decentralized exchange Curve DAO (CRV) may be gearing up for a bounce after retracing.
“Probably the dip to buy for CRV at $0.318.”
At the time of writing, CRV is trading at $0.30, down more than 1% in the last 24 hours.
The above is the detailed content of Crypto Strategist The Crypto Dog Predicts Massive Breakouts for DeFi Altcoins Synapse (SYN), Fantom (FTM) and Curve DAO (CRV). For more information, please follow other related articles on the PHP Chinese website!