Renowned analyst The Crypto Dog has predicted a significant rise for a low market cap altcoin in the decentralized finance (DeFi) sector. The article details his forecasts for Synapse, Fantom, and Curve DAO.
Synapse Prediction
Anonymous analyst The Crypto Dog suggested on social media platform X that the Synapse (SYN) altcoin might rise over 75% from its current price. SYN is known as a protocol developed to provide secure cross-blockchain communication. Currently trading at around $0.566, the analyst believes the price could reach $1.
Fantom Prediction
In addition to Synapse, the analyst shared positive predictions for Ethereum competitor Fantom (FTM). On an hourly chart, the analyst noted that the descending trend line is about to break, which could offer an attractive entry point.
Curve DAO Prediction
The analyst also foresees a rise for the stablecoin-focused decentralized exchange Curve DAO (CRV), expecting the price to increase after pulling back to the $0.318 level. Currently, CRV is trading at $0.30.
The Crypto Dog's forecasts indicate potential growth for several altcoins, including Synapse, Fantom, and Curve DAO. It is important to conduct thorough analysis before making any investment decisions.
Comments