Famous Analyst Announces 5 Altcoins That Will Explode in 2021 • Coinexc

DataDash founder and crypto analyst Nicholas Merten said the 2021 super altcoin cycle has begun and announced five altcoins he thinks will explode.

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In his new video, Merten stated that he was closely watching Ethereum (ETH), the second largest crypto asset, after it emerged from the bullish model.

“Here we can see Ethereum cross your resistance line. We have entered another high-low with three other high lows we have here since January 2021. We seem to have prepared a route to surpass all-time highs. ”

The crypto strategist also looked at ETH / BTC and highlighted that the parabolic run is continuing. According to Merten’s chart, ETH / BTC may increase from its current value of 0.035 to 0.095.

Another cryptocurrency entering Merten’s radar is the OMG Network (OMG). The analyst stressed that OMG / BTC is likely to hit bottom and therefore seem ready to break the key resistance level and make big gains.

“After a bigger drop, OMG / BTC expects to move above 1500 satoshi range. Now once you get past the resistance section, the next boundary looks like the “sky”. We have witnessed how he performed in the past. “

Another crypto on Merten’s list is the decentralized oracle platform Chainlink (LINK). According to Merten, LINK is poised to outperform Bitcoin (BTC).

“Checking Chainlink and boosting over previous resistance seems ready to push upwards. So it leaves Bitcoin behind and really begins the next cycle for Chainlink. “

The fourth crypto on Mertens’ list is Aave. The analyst believes Aave has bottomed out in the two-month period.

“I think Aave, one of the bulky DeFi protocols, is now in the right place to start moving forward. The asset has experienced a fairly clean retreat of 60%. ”

The last crypto Tron (TRX) on Merten’s list. Merten expressed the key level at which the pair should rise for a great upward momentum to occur.

“If we move above this support (0.0000015), which currently acts as resistance, I can predict that a huge upward momentum will begin.”

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