The great analyst Bo Wiliams made yet another assertive forecast, obtaining an appreciation of more than 100% with the cryptocurrency Cosmos (ATOM), currently the 19th largest cryptocurrency on the market, according to Coingolive.
ATOM traded at around $ 8 on February 21 and jumped to around $ 17 in about 20 days.
ATOM / USD. Source: TradingView.Bo Williams, with 24 years of experience in the financial market, is the creator of the powerful PhiCube trading method. He is also a founding partner of educational companies Plenamente Trader and Trade ao Vivo, and is a former partner of brokerages Clear and XP Investimentos.
In one of the price analyzes on Foxbit's YouTube channel, Bo indicates that ATOM may be a good investment option due to its competition with the Ethereum network. In fact, networks that execute smart contracts and dapps, like the Cardano network (ADA), have made good profits in recent weeks.
Bo Williams analysis of the ATOM cryptocurrency. Source: Foxbit.According to Coinbase, ATOM is a cryptocurrency that aims to promote scalability and interoperability of blockchain networks, allowing communication between them.
“Cosmos (ATOM) is a cryptocurrency that empowers an ecosystem of blockchains created to expand and interoperate with each other. The team intends to create an internet of blockchains, a network of blockchains capable of communicating with each other in a decentralized way ”
Bo concludes by saying that the chart is strong and that there is an upward trend. If there is lateralization in the coming days the price may rise again.
It is not the first time Bo Williams has hit, 3 months ago he said that Bitcoin would rise from R $ 120,000 when the currency was in the range of R $ 90,000.
To follow more analysis, see the lives on Foxbit's YouTube channel.
Invest in cryptocurrencies with security, high liquidity and the lowest rates in the market.
NovaDAX: the most complete exchange in Brazil with more than 25 cryptocurrencies listed and the best customer service score.