According to a widely followed password analyst, the market is preparing for a reversal after a strong move.
In the new thread, Crypto Capo, a clear encryption merchant, says that in the instant messaging app telegram, it can be the best play when Altcoins collides after a sharp increase in profits from 132,000 followers.
“The analysis was carried out as expected: Very Strong Movement, Bitcoin reached $ 98,000, and it was higher (perhaps the deviation was probably $ 2,300, and Solana also reached a major resistance of $ 170-200.
Altcoins pumped 30% -100%. I have more profits here. Already 50% (profited). The reversal must be strong. ”
According to CAPO, Ethereum, the second largest digital asset with a market cap, has reached a resistance zone and will soon form a local top before “strong motion”.
“The support and price of $ 1,500 is now reached a resistance area of $ 2,000-2,300, which is expected to have the highest formation here.
ETH is trading for $ 2,290 when writing and increased 11.5% over the last 24 hours. The merchant’s chart indicates that Ether Lee can fall to less than $ 1,200 near June.
However, CAPO says that as it goes to ETH rival Solana (SOL), the smart contract platform can continue to maintain an upward momentum as it surpasses flagship encryption assets.
“SOL is ready to reach the main goal of $ 170-200, surpassing BTC. The Solana ecosystem must continue to go up.”
Solana is trading at $ 170.68 at the time of writing and increased 7% on the last day.
Follow us in X, Facebook and Telegram
Don’t miss the beat -Subscribe to the email notifications directly delivered to the received letter box.
Check the price measures
Sur surfing the HODL mix every day
& nbsp
Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.
Main image: ShutterStock/NextMarsMedia