Crypto Analyst Predicts All-Time Highs for Two Altcoins, Maps Out Path Ahead for Cardano, Polkadot and Chainlink

bitcoin cryptocurrency investing concept scaled

A prominent crypto strategist and trader is predicting new all-time highs for two low-cap altcoins as he outlines the potential paths ahead for Cardano, Polkadot and Chainlink.

The pseudonymous crypto analyst known as Capo tells his 138,200 Twitter followers that he’s keeping a close watch on the price action of Phala Network (PHA), a privacy-preserving protocol for cloud computing services.

According to Capo, Phala could be gearing up for a 65% rally against Bitcoin (PHA/BTC) from its current value of 0.00023 to a fresh all-time high of 0.000038.

“PHA/BTC It looks bullish af. Parachain is coming.”

Source: Capo/Twitter

Another coin on the trader’s list is the blockchain-based gaming ecosystem The Sandbox. Capo predicts that The Sandbox is poised to launch a rally to a new all-time high of 0.00004 against Bitcoin (SAND/BTC).

Given the pair’s current price of 0.000013, Capo’s target price represents a potential increase of over 207%.

“SAND/BTC

About to make a new [all-time high]. Setup is playing out perfectly, and it’s leading the altcoin market.”

Source: Capo/Twitter

The third coin on Capo’s watchlist is interoperability chain Polkadot, which Capo says must flip 0.00055 resistance into support for bullish confirmation.

“DOT/BTC

Not looking bullish yet. I will wait for bullish signs.”

Source: Capo/Twitter

The crypto trader is also eyeing the movements of decentralized oracle network Chainlink against Bitcoin (LINK/BTC). According to Capo, he expects the pair to touch support at 0.00034 before kicking off the next leg of its bull-market phase and rallying close to its all-time high of 0.00169.

“LINK/BTC

Expecting a last wave down to sweep the previous low. If it deviates below that level and then reclaims it, it would be a good buy opportunity.”

Source: Capo/Twitter

Capo says he’s also bullish on Cardano (ADA).

He sees ADA climbing against BTC for the remainder of the year, with an all-time high likely in late December.

“I repeat: not the time to be bearish on ADA.”

Source: Capo/Twitter

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Aiolhoz

The post Crypto Analyst Predicts All-Time Highs for Two Altcoins, Maps Out Path Ahead for Cardano, Polkadot and Chainlink appeared first on The Daily Hodl.

Ronnie Huss

Ronnie Huss

Leave a Reply

Your email address will not be published. Required fields are marked *

Share:

Share on telegram
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Related Posts

bitcoin
Bitcoin (BTC) $ 69,112.52
ethereum
Ethereum (ETH) $ 3,739.03
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 601.14
solana
Solana (SOL) $ 167.33
staked-ether
Lido Staked Ether (STETH) $ 3,737.54
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.540167
dogecoin
Dogecoin (DOGE) $ 0.169302
the-open-network
Toncoin (TON) $ 6.37
cardano
Cardano (ADA) $ 0.460405
avalanche-2
Avalanche (AVAX) $ 38.13
shiba-inu
Shiba Inu (SHIB) $ 0.000025
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,134.52
chainlink
Chainlink (LINK) $ 17.34
polkadot
Polkadot (DOT) $ 7.36
tron
TRON (TRX) $ 0.113524
bitcoin-cash
Bitcoin Cash (BCH) $ 491.70
near
NEAR Protocol (NEAR) $ 8.19
uniswap
Uniswap (UNI) $ 11.24
matic-network
Polygon (MATIC) $ 0.727480
litecoin
Litecoin (LTC) $ 84.73
pepe
Pepe (PEPE) $ 0.000015
fetch-ai
Fetch.ai (FET) $ 2.29
internet-computer
Internet Computer (ICP) $ 12.28
leo-token
LEO Token (LEO) $ 5.98
dai
Dai (DAI) $ 1.00
wrapped-eeth
Wrapped eETH (WEETH) $ 3,886.45
ethereum-classic
Ethereum Classic (ETC) $ 31.47
aptos
Aptos (APT) $ 9.04
render-token
Render (RNDR) $ 10.05
hedera-hashgraph
Hedera (HBAR) $ 0.108375
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,668.03
immutable-x
Immutable (IMX) $ 2.46
kaspa
Kaspa (KAS) $ 0.139430
mantle
Mantle (MNT) $ 1.01
cosmos
Cosmos Hub (ATOM) $ 8.46
filecoin
Filecoin (FIL) $ 5.93
crypto-com-chain
Cronos (CRO) $ 0.120551
stellar
Stellar (XLM) $ 0.110594
arbitrum
Arbitrum (ARB) $ 1.18
first-digital-usd
First Digital USD (FDUSD) $ 0.999713
the-graph
The Graph (GRT) $ 0.325225
dogwifcoin
dogwifhat (WIF) $ 3.03
okb
OKB (OKB) $ 48.80
blockstack
Stacks (STX) $ 1.98
bittensor
Bittensor (TAO) $ 423.09
ethena-usde
Ethena USDe (USDE) $ 1.00
optimism
Optimism (OP) $ 2.54
arweave
Arweave (AR) $ 40.01