Renowned Crypto Analyst Makes New Additions to Altcoin Portfolio Following Recent Market Changes
A well-known figure in the world of cryptocurrency analysis, Il Capo of Crypto, has revealed in a recent statement that he has made additions to his positions in two altcoins in response to the latest market developments.
In a message shared with his followers, Il Capo announced that he has increased his holdings in Render (RNDR) and Solana (SOL), both of which he had previously invested in.
Regarding RNDR, the analyst added to his existing position, bringing down the average purchase price to $8.89 after the recent market downturn. Despite this adjustment, his positions still remain below the current market price, although the exact details of the new additions were not disclosed.
On the Solana front, Il Capo’s position was slightly older, with an average purchase price of $133. As of the latest update, the price of SOL stands at $150.67, and the analyst is currently not incurring any losses. However, Il Capo did not provide specific information regarding his recent additions to the Solana position.
In his most recent analysis of Bitcoin, Il Capo emphasized the importance of the $65,000 level and highlighted the previous liquidity zone of $58,000 to $60,000 in the event of a breakdown.
*Please note that this article does not constitute investment advice.
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