Capo, who has made a name for himself with his successful predictions and has 230 thousand followers on Twitter, has made a statement about the crypto money that he has been interested in for a while.
Talking about Cardano (ADA), which is shown as an Ethereum rival and made a name for itself with a serious price acceleration in 2021, the analyst stated that ADA can increase 4x if the necessary conditions are met and used the following statements:
If the previous all-time high ($3) is seen and persistence above this level, my new target in ADA is $10.
Mentioning that Bitcoin movements are the most important factor for ADA to reach the old record level, the analyst also made predictions about BTC. The famous name examining the liquidity on the FTX exchange:
“Investors are willing to buy. I think $55,000 will be seen in the short term. At worst, I expect the bull season to continue until the first quarter of 2022. In other words, the rise will continue until April 2022.
The famous name, who thinks that ADA will perform seriously with the arrival of these increases in BTC, underlined that he expects a 4-fold increase in ADA in the first quarter of 2022 if the necessary environment is provided in BTC.
*Not investment advice.