A well-known crypto trader and analyst is investigating three altcoins that he says have the potential to spark major rallies.

The pseudonymous trader Kaleo says that other traders underestimate Litecoin (LTC). He believes the coin, often referred to as digital silver, is poised to follow the 2017 bull rally, making gains of over 1,000% from the current price of $ 203.

“LTC 2017 fractal. If this works, there will still be time to collect, but you’ll see why it’s worth slowly stacking …

Now is the time to stack LTC. Litecoin has vertical movements, usually from points of maximum pain versus BTC. When it finally starts, it moves faster than you have time to get involved. Buy a little every day now. Thanks later. “

Source: Kaleo / Twitter

Another coin on Kaleo’s radar is Chainlink (LINK).

The trader expects the decentralized oracle network to follow in the footsteps of Solana (SOL), which has more than doubled its value within a few weeks.


Source: Kaleo / Twitter

The third coin on Kaleo’s list is Algorand (ALGO), a project that aims to develop a blockchain that is scalable, secure, and decentralized.

He says the crypto asset is preparing to rally 242% to $ 6.00 from its current price of $ 1.75.

“Remember the big picture. SOMETHING is just getting warmed up. “

Source: Kaleo / Twitter

Kaleo is also invested in Stellar Lumens (XLM), Balancer (BAL), and Band Protocol (BAND).

As for Bitcoin, the crypto strategist says it’s not too late for investors to jump into the biggest crypto asset.

“Bitcoin / BTC. We’re still early. “

Source: Kaleo / Twitter

Based on Kaleo’s chart, Bitcoin takes a side out of its 2017 bull market, where it consolidated below $ 2,000 before rising to its all-time high of $ 20,000.

This time around, the trader believes Bitcoin is creating the conditions for a meteoric rise that would catapult BTC to $ 250,000 by July 2021.

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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are at your own risk and that any losses incurred are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock / AleksandrMorrisovich