A closely watched crypto analyst draws a strong uptrend for Ethereum and some altcoin projects. The analyst draws attention to cryptocurrency projects that he believes will be parabolic.
il Capo Of Crypto: Ethereum rally will accelerate as Bitcoin’s dominance falls
The famous analyst known in the industry as “il Capo Of Crypto (CryptoCapo)” predicts that ETH’s breakout in the BTC pair will accelerate as Bitcoin’s dominance declines. il Capo Of Crypto points out that the Bitcoin dominance (BTC. D) chart used to track the percentage of crypto market share that Bitcoin takes may be on the verge of losing a key support area at 50%. il Capo Of Crypto adds the following to his statements on the subject:
Altcoin season… BTC. It is an important moment for D to reach 50%. Bottom break = altcoin season continues. Strong bounce = altcoin season paused. The point is that this support seems weak at the moment. The RSI (Relative Strength Index) is deepening with no divergence and most altcoins look very good against BTC. Mega cycle of altcoins?
il Capo Of Crypto: Ethereum can “inevitably” reach 0.1 Satoshi in the BTC pair
Another important signal the trader uses to gauge whether a major altcoin season is around the bend is the health of the ETH / BTC pair. According to il Capo Of Crypto, Ethereum can “inevitably” reach 0.1 Satoshi in the BTC pair. il Capo Of Crypto adds the following to his statements on the subject:
ETH / BTC will redefine the concept of parabolic …
il Capo Of Crypto: Syntropy (NOIA) is an altcoin that I support and watch
As the general crypto market dances with the prospect of an incredibly strong altcoin season, il Capo Of Crypto updated its followers this week and currently holds 75% of its crypto portfolio in altcoins, 20% in ETH and 5% in BTC. He said he was holding.
Blockchain-focused public internet solution Syntropy (NOIA) is an altcoin that the il Capo Of Crypto closely follows as a potential bull run approaches. The analyst recently changed its Twitter name to “il Capo of NOIA” to support cryptocurrency.
il Capo Of Crypto: These 7 altcoins will perform well!
Recently, il Capo Of Crypto also listed “selected” altcoins that it believes will perform well from this bull cycle. These assets are: Binance Coin (BNB), Band Protocol (BAND), Balancer token (BAL), Litentry (LIT), Zilliqa (ZIL), TomoChain (TOMO) and Hedera Hashgraph (HBAR).
In early 2020, the province Capo Of Crypto (CryptoCapo) stated that Bitcoin will drop to $ 3.500 and XRP will reach $ 0.11, and it successfully knew. In addition, the veteran analyst was able to pinpoint $ 0.13 in XRP. il Capo Of Crypto also accurately predicted the big drops other altcoin projects have seen in the past. For this reason, investors are watching the analyst’s predictions if they notice.