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The anonymous host of cryptocurrency channel InvestAnswers is listing one altcoin that he expects to skyrocket.

InvestAnswers tells his 409,000 YouTube subscribers that Cosmos (ATOM), a network of many independent but interconnected blockchains known as zones, is slated to surge by about 40% in a month or less.

Its 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.

ATOM is trading at $31.08 at time of writing.

Next up,InvestAnswers says that Ethereum (ETH) is currently at the 0.5 Fibonacci level, a key Fibonacci retracement level that represents the halfway mark of a prevailing trend.

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.

Were 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 well get to hopefully $3,700. After that, $4,150. After that, new all-time high $4,800.

ETH is trading at $3,146 at time of writing.

Next up is the native token of Terra (LUNA), a blockchain protocol consisting of a suite of decentralized stablecoins.

The crypto analyst says that LUNA is eyeing the $65 price level after bouncing off the 200-day moving age.

This one [LUNA] is making a nice recovery too

We are heading back towards the 0.386 Fibonacci level of $65. And then after that, you know LUNA can move very very fast when it wants to.

LUNA is trading at $55.55 at time of writing.

Next up is the native token of Avalanche (AVAX), a smart contract-enabled blockchain. The crypto analyst says that AVAX is in an overbought zone based on the Relative Strength Indicator (RSI). The RSI indicator ranges from 0 to 100 where 70 or higher indicates overbought conditions, and potentially the end of a rally, while 30 or lower indicates oversold conditions, and potentially the end of a sell-off.

Avalanche did get rejected off the $95 level. Its now at about $87 and the RSI is quickly approaching overbought

Avalanche chart might be running a little bit out of steam, well see. But hitting $95 was a clear selling point.

AVAX is trading at $88.85 at time of writing.

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Featured Image: Shutterstock/Natalia Siiatovskaia/NextMarsMedia

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Analyst Says One Altcoin Primed To Skyrocket, Gives Update on Ethereum (ETH), Terra (LUNA) and Avalanche (A... - The Daily Hodl