Another Major ALTCOIN that I think should have an explosive rise once the ALTCOIN SEASON starts.
I am speaking about CARDANO [ADA] which in the previous BULL market reached a mark of 1.33 USD per token starting from a price of less than 0.03 USD.
Assuming that its ATH, was the end of wave 1 and assuming that the second was completed by the end of March 2020 we could use the CHEAT-SHEET, that you can find further below, to project the end of wave 3, the most explosive of all.
At this post you can find the way I followed in order to place the projections for MONERO [XMR], check it out if you have any doubts because they are the same applied on ADA as well.
Wave (III) target according to the typical 1.618 FIBO Extension:
The "Crystal Ball" projects 2.15 USD, which is +914% more than today's price
Wave (III) target according to the typical 2.618 FIBO Extension (aka 3rd wave extended):
In this case, the projection is about 3.47 USD (+1540%)
From those altcoins that I have analyzed so far, CARDANO seems to have the most outstanding potential in terms of projected price using the "Classical Relations between Waves".
If you want to compare with other ones, the following are the 3rd WAVE FIBO projections on ALTCOINS studied till now:
- Price Projections using FIBO Levels for 2021: the case of MONERO
- Price Projections using FIBO Levels for 2021: the case of LITECOIN
- Price Projections using FIBO Levels for 2021: the case of ETHEREUM
SUMMARY OF PROJECTIONS FOR STUDIED ALTCOINS:
I will keep adding more of them in the following days.
Enjoy!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
