Cryptocurrency analyst il Capo evaluated Solana (SOL) and BNB, two of the popular assets of the altcoin world, in his statement.
The analyst, who is especially known for his bearish statements, said that he expects the BNB price to test the resistance zone between $ 330 and $ 350 once again and then predicts that it will diverge in favor of the bear.
The analyst stated that he expects a decline in the BNB price after this stage. BNB price is trading at $305 at the time of writing this article and has not changed significantly in the last hour. It is noteworthy that in a period when most other altcoins were in the green zone and Bitcoin rose above $ 47,000 after a long time, the BNB price could not accompany them.
On the other hand, il Capo also evaluated the Solana price. SOL price, which recently exceeded $ 120, is trading at $ 101 at the time of writing this article.
The analyst stated that he expects a jump in the SOL price to around 129-130 dollars, followed by a decline to 48-50 dollars with the subsequent downward wave. The SOL price dropped to $8 during the FTX crisis. FTX’s new management still has a large amount of SOL in its hands.
*This is not investment advice.
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