The crypto money market continues to follow a wavy course. A crypto analyst with a wide audience believes that the price of a leading subcoin is in a position to witness a 2 -fold increase.
Ali Martinez is waiting for a double rally for this Altcoin!
Crypto Trader Ali Martinez says that 124,300 followers in the social media platform X seems to be trading on a rising channel. This model indicates that an asset is in the rise trend. According to Martinez, Solana seems to keep the diagonal support of the formation. Therefore, this shows that a rise towards the upper end of the channel is on the table. In this context, the analyst makes the following statement:
Solana (left) tests a significant level of support at the lower limit of this parallel channel. Taking above this level can strengthen the rise trend by strengthening a rise up to $ 387!
Source: Ali MartinezDuring this article, the left was traded at $ 199. This means a gain of over 90 %if the price of Altcoin reaches the target price. Looking at Solana’s On-Chain activities, Martinez states that the network sees a strong adoption. In this respect, the Analyst said, “Solana Left Network is expanding at a strong speed with more than 5 million new addresses created per day!” says.
Source: Ali MartinezLong -term confidence continues for Bitcoin!
As for Bitcoin, Martinez says that in the last seven days, more than $ 6,794 billion with Crypto exchanges have been withdrawn from crypto exchanges. Based on this, the analyst said, “Last week, more than 70,000 Bitcoin withdraws from stock exchanges, which points to long -term confidence!” says. Meanwhile, during the article, Bitcoin was traded for $ 96,866.
Source: Ali MartinezSolana whales create optimism in the market
According to data shared by Spotonchain, Solana smart whales have purchased large amounts of Altcoin. According to data, two ‘smart money addresses’ collectively accumulated about $ 18.5 million from crypto exchange giants. The address “GJWCU” re -revived after about a year of sleep to accumulate 30,901 token, worth $ 6.24 million from Binance. This accumulation attracted a significant interest in a short time with the earnings of the trader with a profit of $ 8.15 million.
In addition, the “5qdx” address, after 2 months of sleep, Binance and OKX’ten $ 202.53 dollars of $ 12.4 million worth of $ 61,319 token. In general, these savings made by traders with remarkable snow reservation portfolios signaled that the token can be pumped forward to a significant extent.
