Cryptocurrency analyst Ali Martinez evaluated the future outlook of Bitcoin and many altcoins in his latest statements.
According to Martinez, 119,400 BTC were accumulated by whales at $97,800, and therefore this level could act as critical resistance for Bitcoin. At the time of writing, it is trading at $97,530.
Speaking about Ethereum, the analyst said that investors “seem to be worried” that the Ethereum price has not been able to break $3,000. He added that a move above this level could bring back the lost confidence.
Related News: BREAKING: Coinbase Announces to List Two New Altcoins
Regarding Cardano, Ali Martinez stated in his statement that the ADA price may be performing a slow version of the price action it performed between 2020 and 2021. The analyst claimed that this situation could soon ignite a parabolic rally.
Finally, speaking about the PEPE memecoin, the analyst claimed that the TD Sequential indicator is showing signs of a potential bounce. The PEPE price is trading at $0.000009824 at the time of writing and has lost 1.85% in the last week.
*This is not investment advice.
Continue Reading: Experienced Cryptocurrency Analyst Evaluates Bitcoin, Ethereum, Cardano and PEPE Charts
Go to Source
Author: NixCoin
Google is preparing to expand its crypto security operations with a new Multi-Party Computation (MPC)…
Bitcoin price is recovering toward $81,000, gaining nearly 2% as buyers return ahead of the…
Ripple’s RLUSD just secured a major institutional credibility boost, earning Moody’s A2 long-term deposit rating…
Key Highlights The US Department of Justice charged six individuals accused of running an NFT…
Key Highlights Crypto.com and OG.com launched continuous, non-expiring crypto perpetual contracts for eligible U.S. traders…
AI SummaryShowCircle and ACI pilot USDC settlement in Colombia, signalling stablecoins’ entry into traditional real‑time…
This website uses cookies.
Read More