Crypto Trader Predicts EOS, Bitcoin Cash And Tron Are Next In Line

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Last Updated on 8 May 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Altseason is upon is now that Bitcoin dominance has fallen to historically low levels. In the past week we’ve seen coins like Ethereum Classic and Bitcoin SV (Satoshi’s vision) soar to heights unseen. Veteran crypto trader Scott Melker released a video yesterday in which he discusses which coins thinks are next up for a bull run.

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EOS, Bitcoin Cash and TRX

Scott, who tweets under the moniker Wolf of all Streets, has seen invites pouring in from both The Street and Fox Business in the past few weeks, showing the growing importance of the crypto community to US business media. It comes after Coinbase launched an IPO last month and CNBC said in its draft picks that Bitcoin was the asset most likely to rise in the next few months.

YouTube video

With classic coins re-surging (Ethereum Classic was picked up by retail traders who thought of it as a cheaper alternative to regular Ethereum), Scott had a look at what he feels are the next coins up for a possible bullrun from a technical perspective.

Bitcoin Cash (up 41% past week)

Scott explains the chart and claims the price has now broken above a key resistance level and therefore concludes:

When you have volume going up and you have price going up, that is volume confirming price, that is what you want to see. Can’t believe I’m saying this but Bitcoin Cash is likely to continue going up.

Check out where to buy Bitcoin Cash.

EOS (up 66% past week)

EOS has already had a fabulous week, and according to Scott, this is set to improve in the future. He stated:

You can see that this is breaking through a key area at $8,65 here. It closed slightly above, retested it’s support and appears to be heading up.

Check out where to buy EOS.

TRX (up 12% past week)

Lastly, as to the Justin Sun, coin, Scott is convinced that:

Now, I think you have a target of $0,18 and if we get above that, well, its price discovery and we’ve seen what happens when these coins go into price discovery. So this is worth watching. If you want to be really safe, wait till it breaks 18 cents.

Check out where to buy Tron.

We know that Scott is a respected trader and are therefore confident to post his recommendations, but of course, always to your own research before investing.