How far will Bitcoin, Ethereum and Cardano each fall? The eminent analyst answers
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A cryptocurrency market analyst on Twitter who correctly predicted the recent crash has unveiled his expected price targets for the four major cryptocurrencies in the market, Bitcoin, Ethereum, Cardano, and Solana.
To Report Daily Hodel, Capo, one of the well-known digital currency analysts who correctly predicted a fall to the $21,000 level on March 26 (April 6), when Bitcoin was priced at $44,500, recently set price targets. The long-awaited update for Bitcoin, Ethereum, Solana and Cardano said:
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Interesting levels [این ارزهای دیجیتال] They are:
$15,800 to $16,200 for Bitcoin.
$650 to $750 for Ethereum.
$0.29 to $0.32 for Cardano.
18 to 20 dollars for Solana.
Capo’s previous forecast dates back to June 17, when he last revised his bearish outlook for Bitcoin from $21,000 to $16,200 and for Ethereum from $1,200 to $750.
On June 27 (July 6), he also said that the decrease in Ethereum trading volume near the resistance of $1,300 will probably lead to market correction and the price of this digital currency will be supported somewhere between $700 and $800.
Bitcoin is currently trading at around $19,069, down 0.80% over the past 24 hours. Ethereum is hovering near $1,060 and has experienced a 1.53% jump overnight.
Cardano and Solana are also trading at prices of $0.45 and $32.96, respectively, with less than one percent growth in the last 24 hours.
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