Top Crypto Analyst Predicts Massive Price Dive for Cardano, Says One Solana-Based Altcoin Will ‘Go Down to the Basement’

A widely followed crypto trader is predicting further corrective moves smart contract platform Cardano (ADA) and one of this year’s trending altcoins.

Pseudonymous crypto analyst Capo tells his 307,500 Twitter followers ADA is poised for another leg down before it completes its five-wave downtrend, based on the Elliott Wave theory.

“ADA

Fifth wave missing.

Main support is $0.30 – $0.35.”

Image
Source: Capo/Twitter

The Elliott Wave theory is a technical analysis approach that…

>>>read full article here<<<