Trader Says Ethereum-Based Altcoin Primed To Skyrocket 300%+, Outlines Path Forward for XRP, Avalanche and Stellar
Cryptocurrency trader and analyst Ali Martinez says blockchain oracle Chainlink (LINK) could skyrocket by around 328% from the current level. Martinez tells his 154,400 followers on X that Chainlink could explode to $100 amid the formation of a bullish pattern on LINK’s weekly timeframe. Based on Martinez’s chart, Chainlink is forming a symmetrical triangle pattern – which is typically a neutral signal that turns bullish if the price breaks out from the upper trend line. Source: Ali Martinez/X Chainlink is trading at $23.39 at time of writing. Next up is XRP (XRP). Martinez says XRP is forming a descending triangle and could rally by around 21% from the current level. A descending triangle is typically bearish, but a breakout to the downward-sloping upper trend line is a bullish signal. “If XRP breaks out of this descending triangle, the next target is $3.60.” Source: Ali Martinez/X XRP is trading at $2.97 at time of writing. Next up is Avalanche...