Analyst Ali Martinez, who is closely monitored in the crypto currency market, drew attention to important technical levels for XRP, Avalanche (AVAX), Dogecoin (Doge) and Pepe (Pepe). According to Martinez, these assets are traded in critical regions and can soon determine their aspects.
Is the target for XRP $ 3.35?
Ali Martinez said that XRP has a technical formation with a technical rise potential. According to the analyst, the XRP moves in a cup-kulp (Cup-Aud-Handle) formation. Such formations show that buyers prevent them from going into lower levels and increase the likelihood of upward breaking. According to Martinez, if the XRP completes this formation, the price may increase to $ 3.35 by breaking the resistance of $ 2.80. Currently, XRP is traded for $ 2,74.
Avalanche (AVAX), critical levels for Dogecoin
Martinez for the Layer-1 protocol Avalanche (AVAX) drew attention to an important level of support. According to the analyst, AVAX moves in a wide range of transactions, and the $ 20 level stands out as a key support point. According to the graph shared by Martinez, AVAX is trading between $ 56 and $ 20. As of now, AVAX is priced for $ 24.95. If the price decreases to $ 20, the demand may increase with the introduction of buyers.
Martinez, one of the most popular breast coins, Emphasizes a critical fibonacci level. Doge has reached the level of withdrawal of 0.618 Fibonacci, which is often considered a point where rise turns are realized. According to the analyst, there is a possibility of recovery if Doge maintains $ 0.25. Currently Dogge is trading for $ 0.266.
The “vital support” point for Pepe is on the agenda
Martinez for Pepe, another popular breast coin, drew attention to a critical level of support. According to the analyst, Pepe needs to remain above $ 0.0000092. If this level is maintained, the price can move upwards again, he says. However, if this level is below this level, there is a possibility of a decrease up to $ 0.0000032. Pepe is currently trading for $ 0.00000978 as of now. While technical levels are of great importance for crypto currency investors, these levels of support and resistance will continue to be closely monitored in order to determine the general aspect of the market.
