A prominent analyst predicts new all-time highs for two low cap altcoins and traces potential paths for Cardano, Polkadot and Chainlink.

The person known in the industry as Capo told his 138,200 Twitter followers that he was closely monitoring the price history of Phala Network (PHA), a privacy-protecting protocol for crypto-assets, cloud computing services.

According to Capo, Phala is preparing for a 65% rally of the Bitcoin (PHA / BTC) pair from its current value of 0.00023 to a new all-time high of 0.00038.

“PHA / BTC”

It looks optimistic. Parachain is coming. “

Daily PHA / BTC Chart | Source: Capo / Twitter

Another coin on his list is the blockchain-based gaming ecosystem The Sandbox. Capo predicts The Sandbox is ready to rally to a new all-time high of 0.0004 in the Bitcoin (SAND / BTC) pair.

At the pair’s current price of 0.00013, Capo’s price target represents a potential upside of more than 207%.

“SAND / BTC”

Coming soon [mức cao nhất mọi thời đại] New. The setup works perfectly and it is a leader in the altcoin market. “

Daily SAND / BTC chart | Source: Capo / Twitter

The third coin on Capo’s watchlist is the Polkadot multi-chain blockchain. He said the DOT / BTC pair needs to turn the 0.00055 resistance level into support to confirm the uptrend.

“DOT / BTC”

Still not optimistic. I will wait for bullish signs. “

DOT / BTC daily chart | Source: Capo / Twitter

The analyst also keeps an eye on the movements of the decentralized Oracle network Chainlink (LINK / BTC). According to Capo, he expects the pair to hit the 0.00034 support before the next phase of the bull market begins, heading towards an all-time high of 0.00169.

“LINK / BTC”

Expect a pullback to the previous low. If the price falls below this level, this is a good buying opportunity. “

3-day LINK / BTC chart | Source: Capo / Twitter

Capo said he was optimistic about Cardano (ADA) as well.

He expects the ADA / BTC pair to rally for the remainder of the year, with an all-time high likely by the end of December.

“I repeat, this is not the time to be ADA bearish.”

ADA / BTC 2-day chart | Source: Capo / Twitter

Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

SN_Nour

According to Dailyhodl

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page