Top Crypto Analyst Issues Bearish Warning, Says Avalanche and One Mid-Cap Altcoin Could Crash by Over 70%
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A popular cryptocurrency analyst and trader is expressing a bearish outlook on two under-the-radar altcoins. Starting with smart contract platform Avalanche (AVAX), the pseudonymous analyst and trader Capo tells his 695,000 Twitter followers that the altcoin could lose over 70% of its value as he says the present support level of around $10 appears likely to crumble. “AVAX update: reaching $10, which was the main target since May. As you can see, waiting is a key element if you chart high timeframe. Now, with current data, the $10 support looks unlikely to hold. New main target: $3 – $5.” Source:
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