A popular analyst who accurately predicted the recent market downturn is setting new price targets for four major crypto assets.
Pseudonymous crypto trader Capo, who back in March ឮ the alarm that several top cryptos were likely to fall by 50%, now ប្រាប់ his 423,200 Twitter followers what’s next for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL).
“Some interesting levels:
BTC: $15,800 – $16,200
ETH: $650 – $750
ADA: $0.29 – $0.32
SOL: $18.00 – $20.00”
Capo’s latest predictions come on the heels of his June 17th downward ពិនិត្យឡើងវិញ of price targets for the top two cryptocurrencies by market cap. The analyst adjusted BTC lower from $21,000 to $16,200, and ETH from $1,200 to $750.
Then on June 27th, he កីឡាករ Ethereum’s new support level as likely to settle in the $700 to $800 range.
“Decreasing volume into resistance, and looking like a corrective move.
Next support: $700 – 800.”
At time of writing, leading crypto asset Bitcoin is down over 5% on the day and trading for $19,198.
Top smart contract platform Ethereum is priced at $1,047, off over 4% in the last 24 hours.
Scalable blockchain platform Cardano is in the red by 4.35%, changing hands for $0.44.
Ethereum competitor and layer-1 blockchain សូឡាណា is going for $32.28, down more than 7% in the past day.
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Source: https://dailyhodl.com/2022/07/02/crypto-trader-reveals-targets-for-bitcoin-btc-ethereum-eth-cardano-ada-and-solana-sol/