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The expert who has been cautioning for months and vindicated by time, the predictor of the Bitcoin bull market, Rekt Capital, shared his altcoin predictions. If you’ve spent a few years in the crypto markets, you might be familiar with Rekt Capital’s bold forecasts. The prominent crypto analyst shared his predictions about popular altcoins yesterday. So, what is he anticipating?
VET Coin Chart Comment
The crypto prophet has been saying for months that the price of Bitcoin will return above $30,000 and will continue to rise steadily. For now, his initial target has been achieved, and the ETF excitement indicates that this increase may persist steadily. So, what is his current daily prediction for VET Coin?
It’s forming a new higher low. And if indeed the June Monthly Candle closes this way. It is possible for VET to consolidate over the green path in the coming weeks. This higher low must be preserved at the close.
According to the analyst’s prediction, the price may rise more than fivefold to $0.1, or even climb to $0.13.
Chiliz CHZ Coin Chart Comment
Chiliz, which has embarked on a great innovation for the fan token world, will move to the next stage if it succeeds. Although it is taking confident steps towards being the blockchain of fan tokens, this price is not much reflected as it is still at the beginning of its journey. Besides, it has considerably melted due to recent altcoin sales. So, where are Rekt Capital’s expectations headed?
The multi-year red downtrend is exerting pressure on CHZ. In fact, it forced a break from the blue support. Now that CHZ has found support in black below, CHZ might try to rise to the blue area to check whether it will become a new resistance.
Waves Coin Chart Comment
It was one of the best-performing altcoins in the last 24 hours. Moreover, we can clearly see that it is targeting its annual level again. The famous crypto analyst said the following about Waves;
It could be developing a macro Triangle, whether it is Ascending is not clear yet. The blue $2.50 resistance could be a break point for the Triangle. The breakout could make a return to the blue range for a 40% consolidation possible.
EGLD Coin Chart Comment
Finally, the analyst included EGLD Coin in his analysis basket. The expert name draws attention to the range of 52-64 dollars in the most optimistic scenario. He also added;
Great response from horizontal support. If stability continues here, EGLD will avoid entering the range shown by the blue arrows. Moreover, holding on here could enable EGLD to rise to its year-long downtrend (black).
Disclaimer: The information in this article does not contain investment advice. Investors should be aware of the high volatility and hence the risk carried by cryptocurrencies and should conduct their transactions based on their own research.
