A closely followed crypto trader is bullish on one under-the-radar layer-1 project that has lagged behind other altcoins.
Pseudonymous trader and analyst Inmortal tells his 212,000 followers on the social media platform X that he’s got his eye on Constellation (DAG), a blockchain that uses Directed Acyclic Graph technology.
Inmortal says that DAG’s market structure is now bullish after an accumulation phase lasting more than 400 days.
“I like DAG here
> +400 days accumulation
> accumulation retest
> Healthy market structure (consecutive HL’s [higher lows] and HH’s [higher highs])
I am a simple man, I like unpumped charts.”
The trader is also bullish on Ethereum, noting that ETH in its Bitcoin pair (ETH/BTC) has deviated below a critical support level for the third time in the last six months. Based on his chart, Immortal appears to suggest that ETH/BTC has the potential to run up to 0.08 in…
