Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Analyst Predicts Massive Rallies for Two Under-the-Radar Altcoins – Here Are His Targets

Analyst Predicts Massive Rallies for Two Under-the-Radar Altcoins – Here Are His Targets

Daily HodlDaily Hodl2024/11/10 16:00
By:by Henry Kanapi

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.” 

Analyst Predicts Massive Rallies for Two Under-the-Radar Altcoins – Here Are His Targets image 0 Source: Ali Martinez/X

At 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!” 

Analyst Predicts Massive Rallies for Two Under-the-Radar Altcoins – Here Are His Targets image 1 Source: Ali Martinez/X

At 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

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Matrixport Included Developments That Will Affect Bitcoin in December in Its Weekly Report! Here Are the Details

Matrixport's latest weekly report highlights a number of positive factors that have underpinned Bitcoin's recent strong performance.

Bitcoinsistemi2024/11/15 20:00

Trump's Inflow Wave Has Ended! Spot Bitcoin and Ethereum ETFs Experience First Outflows Since Election!

It ended a wave of inflows and outflows in spot Bitcoin and Ethereum ETFs that has been ongoing since Donald Trump was elected president on November 5.

Bitcoinsistemi2024/11/15 19:55

The Scoop: Anti-crypto bias may have cost Democrats the election

A growing base of single-issue crypto voters have become frustrated by Democrats’ general opposition to the industry.This column is adapted from The Scoop newsletter.

The Block2024/11/15 19:22