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Home»ALTCOIN NEWS»Trader says the market is ready for a strong reversal after optimistic movements. Here is the goal of Ethereum and Altcoins.
ALTCOIN NEWS

Trader says the market is ready for a strong reversal after optimistic movements. Here is the goal of Ethereum and Altcoins.

By Crypto FlexsMay 10, 20252 Mins Read
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Trader says the market is ready for a strong reversal after optimistic movements. Here is the goal of Ethereum and Altcoins.
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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.

Source: Cryptocapo/Telegram

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.”

Source: Cryptocapo/Telegram

Solana is trading at $ 170.68 at the time of writing and increased 7% on the last day.

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Main image: ShutterStock/NextMarsMedia

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