Analyst, who accurately predicted the collapse of the crypto market in 2022 and known as Capo, made important predictions about the leading digital assets in his latest assessments. Capo said in his analysis that Solana is at a critical level of resistance and may significantly decline its current value. According to the analyst, solana (left) has a potential risk of correction in short -term price movements.
Solana (left) bottom target
Capo, Telegram said in a statement, solana’nın $ 170-200 in the range of strong resistance, he said. He shared the target price as a band of 60-80 dollars. Currently, Solana is traded for $ 188 and suffered a depreciation of 1.7 percent in the last 24 hours. This assessment reveals a remarkable view that the price movements in the market can go to lower levels.
Capo: “Left update: The same old 170-200 dollars reinstall the resistance zone. My main target is 60-80 dollars.” Crypto investors’ application – the reason will surprise you!
In the graphs shared by the analyst, the solana price is seen with a significant resistance in the upward movement and is in a descending trend. The levels emphasized by CAPO indicate the price ranges that investors can consider in the short and medium term.
Expectation of rise for Ethena
Analyst, Ethereum in another evaluation $3,653.32 He also shared his views on Ethena (ENA), the based synthetic dollar protocol. Capo sees the potential in the medium term by stating that ENA is one of the few subcoin in his hand. Currently traded for $ 0.49, ENA, 6.2 percent in the last 24 hours said.
Capo: “One of the rare subcoins I don’t sell. Now it has reached the range of $ 0.50-0.55.
In the graph shared by the analyst, ENA will re -test the $ 0.19 level and then rise to $ 1.52. However, the possibility of a downward correction in the short term is evaluated.
Expectation of decrease in Bitcoin
Capo, Bitcoin (BTC) $118,725.29 draws a negative picture about it. Analyst said that Bitcoin could soon enter a significant fall trend.
Capo: “If BTC descends below 115,000 dollars, it gives the first decline approval.”
It will be full of surprises next week. In 2022, almost every Capo said the next year, the biggest bull trap I have seen is these rise ”and then the BTC is lingering around 120 thousand dollars. Capo was late to rise and it can be understood that he was so suitable for the decline.
According to CAPO’s analysis; It is understood that Solana and Bitcoin are at significant levels of support and resistance, and investors should act carefully against sudden price changes. In the analyst’s evaluations, there are risks in the short term, although there are risks in the short term for beings such as Ethena, upward movements in the medium term. Those who want to invest should conduct their own research and be cautious by following the prescribed levels and market dynamics for relevant digital assets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.