Popular cryptocurrency strategist and trader capo, In his statement on Twitter, he stated that some altcoins may experience a rise after a difficult week for crypto investors. In his statement on September 24, Capo first emphasized that he thinks the bottom point has come in these altcoins.
Capo Announces Two Altcoins
capo’s After his comment about Bitcoin, the leading cryptocurrency rose again above $ 43,000 and gained 2% in 1 hour. Capo made his original comment about altcoins. The analyst, who thinks that Bitcoin has found the bottom in its recent declines and stated that altcoins will rise after that, especially pointed to two altcoins.
Capo first drew attention to Fetch.ai, commenting that “it is impossible not to be optimistic in the market” after the movement of BTC. Pointing to the artificial intelligence-focused blockchain project Fetch.ai (FET), Capo stated that the graph of this cryptocurrency is incredible:
This chart looks great. Support/resistance is in the upper zone. The pump is coming.”
He also announced the second cryptocurrency on the analyst radar. According to Capo, the other altcoin that could break the record after FET was COTI. COTI has achieved a significant increase in the last 24 hours and has gained 11% even in 1 day.
The cryptocurrency market is actually slowly showing signs of recovery, and within the top 10, DOGE, AVAX, XRP and SOL started to move. However, the reason why the analyst points to altcoins with low market caps may be both the volume difference and new developments.