Senior crypto analyst il Capo Of Crypto (Crypto Capo) states that the altcoin market is showing strong signs. Also, the analyst predicts a massive Cardano (ADA) surge. Let’s take a closer look at the analyst’s predictions…
il Capo Of Crypto: Cardano is looking at 10 dollars!
Known as “il Capo Of Crypto” in the industry, the analyst tells his 167,100 followers that he believes Cardano has already hit bottom and is ready to ignite a new bullish trend. il Capo Of Crypto adds the following to its explanations on the subject:
ADA bottom was $1.90. Up to $10 now. Long and strong in ADA…
il Capo Of Crypto refers to a tweet he published in August that he accurately predicted Cardano would drop as low as $1.90 before continuing its bull cycle. il Capo Of Crypto adds the following to its explanations on the subject:
This place looks heavy. 1.85-1. Potential fix to $90. The macro outlook is bullish and will likely move to $10 or higher this year.
il Capo Of Crypto: Oct-December will be epic especially for altcoin projects
The crypto analyst uses Elliott Wave theory, a technical analysis approach that predicts future price action by following crowd psychology, which tends to occur in waves.
According to the chart by il Capo Of Crypto, Cardano’s drop to $1.90 marks the end of ADA’s correction phase and the start of a new bullish wave. il Capo Of Crypto is also bullish on altcoins as it believes the entire crypto market will recover in the coming months. il Capo Of Crypto adds the following to its explanations on the subject:
I repeat: it’s just the noise in the middle. 30,000-50. $ 000 is an enormous accumulation range in BTC. Corrections worth $42,000, $40,000, or $38,000 are giveaways. take them. October-December is going to be epic, especially for altcoin projects.
il Capo Of Crypto: It is impossible not to rise in altcoin projects! BTC bottomed out
To support his view on altcoins, il Capo Of Crypto looks at the OTHERS chart, which shows the total market cap of the top 125 cryptocurrencies excluding Bitcoin and other major cryptocurrencies. According to il Capo Of Crypto, the OTHERS chart looks bullish after successfully retesting the $235 billion area as support. il Capo Of Crypto adds the following to its explanations on the subject:
It is impossible not to rise in altcoin projects.
il Capo Of Crypto believes that when it comes to Bitcoin, the crypto king has bottomed out after looking at order books that he says are full of offers from buyers. il Capo Of Crypto adds the following to its explanations on the subject:
This looks like a dip. Great demand and no supply above. The pump is coming.
Here are the successful predictions of il Capo Of Crypto
As we previously reported , at the beginning of 2020, il Capo Of Crypto (CryptoCapo) stated that Bitcoin will fall to $ 3,500 and XRP will reach $ 0.11 and pinpointed. In addition, the master analyst also pinpointed $ 0.13 in XRP. il Capo Of Crypto has also accurately predicted some of the big dips that other altcoin projects have seen. For this reason, investors follow the analyst’s predictions carefully. Moreover, in a forecast published in August, il Capo Of Crypto correctly predicted that Cardano would drop as low as $1.90 before continuing its bull cycle.