Analyst Who Called Latest Crypto Crash Says Ethereum-Based Altcoin Mirroring Terra (LUNA) Crash

The crypto analyst known for accurately labeling the last major market meltdown is issuing another set of warnings, including one regarding an Ethereum (ETH)-based altcoin.

The pseudonymous trader known as Capo told his 690,000 Twitter followers in May that Waves could be the “next LUNA”, the native token of the Terra ecosystem that went zero the same month.

Now, Capo says his call on WAVES may come to fruition and the altcoin’s recent decline may just be beginning.

“Just the beginning.”

Source: Capo/Twitter

Capo is short to medium term bearish on crypto in general, and expects another big haircut for altcoins before the bear market finds a bottom.

“Altcoins seem to be able to dump 50-80% easily. Remember there will always be a trigger (expect bad news soon), but the charts always speak first.

Be careful.”

As for Bitcoin (BTC), Capo predicts a decline to around $12,000, around 30% below current prices.

“Single BTC.”

Source: Capo/Twitter

As for Ethereum, Capo says the current price action is typically bearish and appears to believe that ETH is about to fall to its next support level at $1070.

Source: Capo/Twitter

However, the popular trader and analyst has already called for Ethereum to drop as low as $600, possibly triggered by some type of bad news.

The trend is still bearish. Indicators point to a full surrender event. The bad news should be soon. ETH $600-$650. Altcoins 50%-70% potential downside (even more s**tcoins). Stay safe, things could get very ugly.

Don’t miss a beat Subscribe to receive crypto email alerts straight to your inbox Check price action Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check the latest headlines Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl engages in affiliate marketing.

Featured Image: Shutterstock/Andy Chipus/LongQuattro/bluefish_ds

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn’t remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don’t have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. “Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices”, said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos