Popular crypto analyst and anonymous market commentator SmartContracter says Cream (CREAM) could be the next altcoin to follow in the wake of Aave’s massive success.
In a series of tweets published throughout January, first spotted by Daily Hodl, SmartContracter highlighted Cream as a potentially undervalued altcoin. The anonymous trader said the project had a “solid 70 day accumulation” and was on the verge of clearing a breakout earlier in the month.
$cream one of the few #DeFi projects not completely face melting yet.
solid 70 day accumulation, ascending triangle beginning to form, nice inverse head and shoulder within that uptrend.
this is gagging to breakout and once 129 is cleared next resistance 241% higher 🤷♀️ pic.twitter.com/WBxdY4lOyd
— 👨🌾Bluntz👨🌾 (@SmartContracter) January 7, 2021
SmartContracter compared the project to Aave, which has appreciated more than 58,000% since hitting the market. The anonymous analyst said investors would begin looking for the next Aave following the altcoin’s massive success, and indicated Cream could be a potential landing spot.
He predicted Cream could go on to generate exponential returns given its low market cap and solid multi-month accumulation.
once $aave giga pumps 300% higher, everyone will start to look for "tHe nExt aAvE"
that next aave is $cream, 272m TVL and only 37m mcap, massive multi-month accumulation and breakout imminent.
i really think this could be one of those fabled 10x's 🤷♀️ pic.twitter.com/qPgZJhEiYF
— 👨🌾Bluntz👨🌾 (@SmartContracter) January 13, 2021
The trader updated his prediction last week, saying Cream’s chart was nearing a “giga pump breakout,” and noting the coin had managed to close on a high note.
absolute monster daily close on $cream, don't want to jinx it but this feels like the giga pump breakout day.
don't forget to stay respectful to the pump though. pic.twitter.com/vFDiOhQF8D
— 👨🌾Bluntz👨🌾 (@SmartContracter) January 14, 2021
SmartContracter also said Aave could continue building on its monstrous success, pointing to a $250 price point or “probably higher.”
i think the next leg up for $aave starts now, $250 is programmed, probably higher pic.twitter.com/sHbH0HpPVK
— 👨🌾Bluntz👨🌾 (@SmartContracter) January 20, 2021
Featured Image Credit: Photo via Pixabay.com
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
