The Crypto merchant says the Top Dogcoin and Shiba Inu may disrupt 70 %, and Outlook occurs on Bitcoin and Solana
The cryptocurrency analyst and merchants Ali Martinez warns that the best Mechen may drown dramatically amid the market shrinkage.
Martinez Recount His 128,900 followers on the X social media platform (Pepe) “is about to break down” after collapsing under the lower boundaries of a parallel channel circulated for about a year.
“Since March 2024, PEPE tends to decline in the lower support line and then rises to the upper resistance direction line. From this level, Pepe tends to retreat to the lower support direction line and from here returns again. But today, Baby broke below the support direction line. Now the PEPE pressure elevation can drive a 70 % price correction of about $ 0.00000316.”
The parallel channel indicates that the original is circulating in an upward direction, printing higher levels and higher levels. A break below the Qatari direction line indicates that the upward trend has been nullified.
PEPE is trading at $ 0.00000769, a decrease of 73 % from the high price of $ 0.00002803 reached in December 2024.
Next is Bitcoin (BTC). Martinez He says The MACD rapprochement index (MACD) is a decreased signal for Bitcoin in the weekly timetable. MACD is an indicator used to determine the direction of the direction and determine the changes in momentum using differences in short -term and long -term averages.
“Every time MACD has a declining intersection on the weekly graph, Bitcoin has historically witnessed 40 % correction on average. Macd just another landmark!
Bitcoin is trading at $ 81,645 at the time of this report.
I go to Solana, Martinez He says Sol “defense” must be a level of support for Asset Crypto at about $ 125. Based on the Martinez scheme, it appears that if the support level of $ 125 fails, Solana may decrease to less than $ 70.
Solana is trading $ 143 at the time of this report.
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