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The anonymous host of cryptocurrency channel InvestAnswers is listing one altcoin that he expects to \u201cskyrocket.\u201d<\/p>\n
InvestAnswers tells<\/a> his 409,000 YouTube subscribers that Cosmos<\/a> (ATOM), a network of many independent but interconnected blockchains known as zones, is slated to surge by about 40% in a month or less.<\/p>\n \u201cIt\u2019s pretty clear to me that we will hit $45 in probably a month or less. It [ATOM] just looks absolutely perfect and set to skyrocket as we go forward. Not much selling pressure on the horizon and we should be able to get to that level [of] $45 which it hit four or five times in the last couple of months.\u201d<\/em><\/p>\n ATOM is trading at $31.08 at time of writing.<\/p>\n Next up,\u00a0InvestAnswers says that Ethereum<\/a> (ETH) is currently at the 0.5 Fibonacci level, a key Fibonacci retracement level that represents the halfway mark of a prevailing trend.<\/p>\n The crypto analyst adds that ETH could hit a new all-time high if it manages to break above the 50 and 200-day moving averages.<\/p>\n \u201cWe\u2019re now getting close to the 0.5 Fibonacci level, about $3,300. Notice as well we need to break through the 50-day moving average. And then the next is to break through the 200-day moving average. And then we\u2019ll get to hopefully $3,700. After that, $4,150. After that, new all-time high $4,800.\u201d<\/em><\/p>\n ETH is trading at $3,146 at time of writing.<\/p>\n