Benjamin Cowen speculates on potential Reckoning altcoins: Cardano, Solana, and an Extra Surprise!

By Lola Coin Jun 28, 202370Views

, , , , , ,

Crypto analyst Benjamin Cowen is warning that Cardano (ADA), Solana (SOL), and Polygon (MATIC) could face significant declines against Bitcoin (BTC). Cowen points to historical price action as the basis for his predictions. He suggests that ADA could drop over 50% from its current value against Bitcoin, similar to what happened in 2019. Currently, ADA/BTC is trading at $0.00000903 BTC. Cowen also believes that Solana has consistently gone on rallies only to see new lows against Bitcoin, and he expects this pattern to continue. SOL/BTC is currently trading at $0.000538 BTC. Lastly, Cowen warns that if MATIC/BTC falls below the $0.0000170 BTC level, there may be little support to prevent it from collapsing. At the time of writing, MATIC/BTC is worth $0.0000208 BTC.

Continue reading on Dailyhodl.com

Read Disclaimer

This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.