Analyst il Capo, who has been the subject of controversy with his recent anti-Bitcoin (BTC) analyzes, evaluated Solana in his published analysis.
il Capo shared a graphic from his official Telegram account and claimed that Solana is on a path towards $3.
Il Capo, who did not give much opinion about Solana before, said in his statement in November that his main target was $17-19, while the price of SOL was $37. Then, the SOL price dropped below $10 in early January.
At the time of this writing, SOL price is trading at $21.08 and has gained approximately 3.88% in the last 24 hours.
However, in his statement about SOL and other altcoins, il Capo states that he expects a general decline for a long time, but after the last rally, many crypto money influencers use cynical language about il Capo’s views in favor of short.
il Capo of Crypto is best known as a pseudonymous crypto trader and analyst whose real name is unknown. il Capo has been active in the crypto community since 2017 and has gained a large following due to his accurate predictions.
He predicted that Bitcoin would fall below $21,000 while trading above its all-time high of $68,000 in November 2021.
il Capo, BTC, in his last statement, said that it still remains completely out of the crypto money market. The analyst predicts further declines for cryptos, including Bitcoin.
*Not investment advice.