Capo is a popular crypto strategist and trader. More so, Capo notes that six mid-to-large cap altcoins will likely outperform Bitcoin (BTC) in the coming months.
Furthermore, The pseudonymous crypto analyst is known in the industry as Capo. Notably, Explains to his 173,000 Twitter followers on his expectations for a big moves from Cardano (ADA).
Currently, ADA is trading at $2.28, this after struggling from a low of $2.13 on Wednesday.
Also, Capo uses Elliot Wave theory for his analysis. Capo expects ADA and some other additional crypto assets to start a fresh altcoin season run.
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Furthermore, Elliot Wave theory is a form of technical analysis that predicts future price movements. This is through identifying collective trader psychology that is on charts in waves.
Additionally, Capo takes note of a new bull wave appears to be kicking off in the Altcoin Perpetual Futures Index. Signaling the bullish run that’s yet to come.
“ALTPERP bullish trend is intact too. It’s also forming a potential cup and handle,..,”
“…whose minimum extension is very high. Maybe the w3 is starting…”
“…here because many altcoins are starting their w3.”
Conclusively, Capo is setting his gaze on NOIA to outperform BTC in the coming weeks and months. NOIA is the native token of the Syntropy ecosystem. While, Syntropy is an open-source protocol that improves the internet through encryption and optimized performance. So, NOIA is currently at around $0.40 at time of writing, representing 14% increase over the past week.
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