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Analyst reveals huge downward goals for top ethereum -rival Solana, Outlook works on Bitcoin and Ethena

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Credit : dailyhodl.com

An analyst who precisely known as the Crypto Collapse 2022 believes {that a} rival of 1 Ethereum (ETH) is about to a deep correction.

Pseudonymous Analyst Capo tells His 129.129 subscribers to his telegram channel that Solana (SOL) is confronted with resistance at $ 200 stage and may fall greater than 68% from the present worth.

“Sol-update: once more testing of the identical outdated resistance zone of $ 170- $ 200. Fundamental objective stays $ 60- $ 80.”

Supply: Capo/Telegram

Solana acts for $ 188 on the time of writing, a lower of 1.7% within the final 24 hours.

Subsequent, the analyst out That he stays bullish on Ethena (ENA), an artificial greenback protocol constructed on Ethereum.

Nevertheless, the analyst says that ENA can have a sudden correction earlier than he stays greater.

“One of many few altcoins that I’ve not bought, as you’ll be able to see on the quoted message. It has now reached the center vary with $ 0.50- $ 0.55. If the bearish situation takes place, we might nonetheless see a final leg to $ 0.20 (all time low), I’ll purchase extra.

Supply: Capo/Telegram

his graph, the analyst means that Ethena can hit $ 1.52 after the Hertet of the extent of $ 0.19.

Ethena acts for $ 0.49 on the time of writing, a rise of 6.2% within the final 24 hours.

Lastly, the analyst out He nonetheless believes that Bitcoin (BTC) will quickly introduce an vital downward development.

“BTC provides the primary bearish affirmation below $ 115,000.”

Bitcoin acts for $ 119,161 on the time of writing, marginal within the final 24 hours.

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