Cardano (ADA)Crypto News

Cardano is likely aiming for a 580% rally, but one altcoin looks even stronger: crypto analyst

A popular crypto trader says that Cardano (ADA) its previous all-time highs (ATH) could outperform on a broader altcoin spike that includes an under-the-radar project he believes will skyrocket.
The pseudonymous crypto analyst Capo updates his 224,700 Twitter followers via the smart contract platform Cardano, the price of which he has been following since December 2020.

“Second retest of the previous ATH.

As long as it stays above that level, $ 3-4 should come next (last ATH), and if it consolidates above that we will likely see $ 10. “
Source: Capo / Twitter
In Capo’s original tweet from late last year, he called for ADA to hit the $ 0.36-0.39 range when it was around $ 0.15. Since then, ADA has grown 20x, hitting a high of over $ 3.00 in September.

After a few troubled months, Cardano remains up nearly 10x since Capo’s initial forecast and is trading at $ 1.43 at the time of writing.

With the broader altcoin market in mind, Capo has an inspiring message for investors who have kept their pockets during the recent market shakeout. The analyst expects the Market capitalization for altcoins will explode in 2022.

“Fame awaits those who survived.”
Cardano is likely aiming for a 580% rally, but one altcoin looks even stronger: crypto analyst, Crypto Trading NewsSource: Capo / Twitter
Capo also makes a bold prediction for Hathor (HTR), a relatively unknown scalable and toll-free Blockchainthat touts ease of use for tokenization in the real world.

He says about the project

“Basics are really good.

I can see this handing over $ 100 if everything goes as expected. “
Cardano is likely aiming for a 580% rally, but one altcoin looks even stronger: crypto analyst, Crypto Trading NewsSource: Capo / Twitter
At the time of writing, the HTR is down 4% for the day to $ 1.79.

The altcoin traded below a dollar after the May crash until it climbed to an all-time high of $ 2.45 in November before correcting to $ 1.07 on December 10.

If the HTR climbs above $ 100 as predicted by Capo, it would translate into a staggering 7.146% gain for the token.
Check price promotion

.

Source: Crypto News Deutsch

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button