Recently, the sentiment of the rise in the crypto currency market has been increasing day by day, and analysts are also sharing the crypto currencies they expect to increase with their followers. Capo, one of the popular analysts of the market, is also Polkadothe says that (DOT) and a crypto currency with a low volume are ready for a more recent increase.
Polkadot price Expectation
The investor, known in the industry as Capo, tells his 201,300 Twitter followers that the interoperable blockchain Polkadot is ready to rise after converting the resistance at $46 into support, and “here comes the $100.” he’s using his statements.
The crypto strategist makes this forecast based on the Elliott Wave theory, a technical analysis approach that predicts the future price movement by following the crowd psychology that tends to manifest in waves. Looking at Capo’s chart, Polkadot’it seems that this theory is in the midst of a third wave rally, which is the longest in a five-wave uptrend.
Fetch.ai He Can Make a Big Splash
Capo is also a decentralized machine learning platform Fetch.aihe is closely following the (FET). According to the crypto strategist, the FET looks ready to recover after retesting the 0,84 dollar as support.
In October, according to the analyst Bitcoin he is also ready for a new rise and has recently seen the bottom point with his moves.
The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.