Analyst Predicts Massive Rallies for Two Under-the-Radar Altcoins – Here Are His Targets
A closely followed crypto strategist thinks two altcoins unseen by most traders are gearing up for huge upside bursts.
Analyst Ali Martinez tells his 78,600 followers on the social media platform X that he’s bullish on the native asset of the peer-to-peer file storage network Filecoin ( FIL ).
According to the analyst, FIL looks poised to rally to its range high after respecting its long-term support. Martinez also thinks that FIL could witness exponential rallies if it manages to overcome a crucial resistance level.
“Missed out on the $2.94 entry, but I’m still bullish on Filecoin FIL at this level.
The lower boundary has held strong for almost two years, setting us up for a potential rebound to $9.50 – a 145% gain. If we see a breakout above the upper boundary ($9.50), FIL could reach $30, delivering around 700% upside from here.”
Source: Ali Martinez/XAt time of writing, FIL is worth $4.32, up over 7% in the past day.
The trader is also keeping an eye on NOT , the community token for the popular Telegram-based tap-to-earn mining game Notcoin. Martinez says he’s bullish on NOT after the altcoin shattered the diagonal resistance of a falling wedge structure – a bullish reversal pattern.
“Notcoin NOT broke out of the falling wedge, and its price is projected to increase 76% to $0.012!”
Source: Ali Martinez/XAt time of writing, NOT is worth $0.0076.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: DALLE3
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale spent 6.2 million USDC to buy DOGE in the past two days, and has lost $1.76 million
DeFi Technologies announces new entity CoreFi Strategy to invest in CORE and BTC
BTC falls below $88,000
Blockchain game developer Thetan World receives strategic investment from Avalanche Blizzard Fund