Capo, an analyst in the crypto money market, Ethereum $2,446.29Solana, one of the leading competitors of his competitors, suggests that he may experience significant depreciation in the short term. In his sharing on Telegram channel, Capo states that Solana is currently testing a new level of resistance and previously the support point of this level. According to the analyst’s evaluations, it is at a decisive limit after the recent rise.
Expectation of depreciation in Solana
Solana’nın approximately 58 percent of the value can be claimed. According to Capo, the main reason Solana has experienced this decline is that it is no longer resistant and cannot overcome this level. Crypto currency may fall up to 60 to 80 dollars in the coming period. Analyst also said that Solana, who is currently traded at $ 143, has fallen about 51 percent of the summit value reached in January.
Capo: “After the current rise, it also tests an important resistance. First, it stands at this level of support (support/resistance change). My main target is my 60 to 80 dollars.”
This comment on short -term graphics and basic analysis attracts the attention of investors. When the past price movements are examined, the targets envisaged by the analyst appear to be consistent with previous support levels. Considering the volatile structure of the market, warnings are also included in the Solana side.
Critical levels for Bitcoin
Analyst Capo, Bitcoin $107,000.91 He also makes important evaluations for. It is stated that Bitcoin faces strong resistance just below $ 109,000 and the possibility of a fall is on the agenda. Based on the graphics Capo shared, Bitcoin may first decline to a support in the $ 93,000 band. In addition, if the price of Bitcoin decreases further, it is stated that the range of 60,000 to 70,000 dollars may come up again. These price levels coincide with the levels previously seen in October 2024.
Capo: “If you think you’ve seen all what’s going on,” Think once again. “
While preparing the article, Bitcoin was traded at a level of $ 107,197 and the current price decreased by about 4 percent compared to the latest levels. Capo’s evaluations contain a message that investors should always be careful against possible risks with existing market movements.
In crypto money markets, analyzes and technical indicators do not always give precise results, investors should make their own risk assessment. It is observed that CAPO’s high number of followers and analyzes may have short -term effects on market movements.
It is often emphasized that volatility is high in the market and prices are open to sudden changes, and the warnings of analysts should not be decisive in investment decisions alone. Experts say that the risks and possible losses on crypto beings are entirely responsible for the investor.
The recent fluctuations in crypto money markets require investors to be cautious about market movements. The price ranges proposed by the analyst reveals that there may be great volatility in the market. For this reason, investors closely follow the developments and support investment decisions through their own analysis.
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.