Ali Martinez, cryptocurrency trader and analyst, highlights one memecoin flashing a positive signal.
Martinez tells Brett has 67.300 followers on the social networking platform X.BRETTThe Ethereum-based memecoin (ETH( scaling solution Base) appears to form a bull’s eye on the daily chart.
Martinez claims that Brett’s price could reach $0.63, or 357% higher than its current value, if it can overcome the resistance level of $0.15.
Brett currently trades at $0.138 as of the time this article was written.
Solana is also discussed by the crypto analyst and trader.SOL). According According to Martinez, Solana’s 12-hour chart is showing a pattern of a W. W-shaped patterns are often used in technical analysis to indicate that a downward trend is about to come an end, and the asset price could be at the beginning of an upward trend.
Martinez says Solana’s position could rise by about 9%.
Solana currently trades at $160.
According According to the analyst’s view, Solana could make bullish decisions that would cause billions in losses on bets.
“$2.98 billion in short positions will be liquidated if Solana surges to $176!”
Bitcoin will be the next step (BTC). Martinez says BTC must return to a previous price, last seen about a week ago, in order to surpass the 73,800 mark.
“Bitcoin must hold above $62,500 to maintain its bullish position and break $66,250 to target new all-time highs!”
Bitcoin has a current value of $64,695 as at the time this article was written.
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Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Before investing in Bitcoin or other digital assets, investors should conduct their own due diligence. You are responsible for any losses that you might incur. The Daily Hodl is not an investment adviser and does neither recommend buying or selling cryptocurrencies or other digital assets. The Daily Hodl engages in affiliate marketing.
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Source: dailyhodl.com
