While the fluctuation in the crypto market continues, the new assessments of the famous analyst Ali Martinez attract the attention of investors. According to Martinez, large corrections may be at the door if some critical levels cannot be protected. These analyzes about XRP, Solana and Dogecoin are particularly important for short -term investors. As Kriptokoin.com, we transfer the details.
What can be experienced if XRP falls below $ 2?
The XRP price is currently traded at $ 2.56. However, Martinez warns that if the XRP decreases below $ 2, a major retreat may be experienced. According to On-Chain analysis data, there is no solid support zone between $ 2 and $ 1.60. This may cause the price to fall quickly to $ 1.60.
According to the analyst, the “air gap” in this region may facilitate the rapid regression of the price. Therefore, it is very important for XRP investors to follow this critical level closely. The XRP community’s eye is now at this point of support.
Facing the solana resistance
For Solana (left), the situation is slightly different. According to Martinez, the $ 135 level is a strong resistance. Currently traded at the level of $ 132, the left is difficult to overcome this critical threshold. If this resistance breaks, a new wave of rise may begin.
However, On-Chain Analysis shows that investors are still in harm. According to NUPL data, most investors sell at the losses, which indicates that there is a kind of capitulation process in the market. Solana investors should follow these data carefully.
Whale interest in Dogecoin is increasing
Finally, Martinez drew attention to a significant development for Dogecoin (Doge). According to him, 110 million doge in the last week was purchased by large investors. This whale movement shows that there is an expectation for Dogecoin on the market.
Currently traded at $ 0.173, Doge can soon make a new leap thanks to this intense demand. It may be wise for investors to develop a strategy considering this mobility.
General view for XRP, Left and Dogge: Opportunities and risks together
For investors, there are opportunities and serious risks in the crypto market. 2 Dollars for XRP, $ 135 resistance for Solana, and increasing whale demand for Dogecoin show that different strategies can be commissioned. Technical levels should be carefully monitored and decisions should be taken by analysis, not in a hurry. The direction of the market may change at any time, so it is useful to be cautious.
