Ali Martinez, cryptocurrency, says Altcoin, who focuses on payments, should remain higher than the main price level to avoid a highly declining corrective step.
Martinez Recount 133,500 followers follow him on the X social media platform that if XRP (XRP) decreases to less than $ 2, he risk seeing a deeper decline due to uniformity less than the price level.
“XRP Water Test! Less than $ 2, the gap with no big support can withdraw it to $ 1.60.”
Based on a scheme indicating data on the series of Blockchain analysis platform, there appears to be a “air gap” between $ 2 and $ 1.60, indicating a weak XRP foundation around this price area.
XRP is trading at $ 2.56 at the time of this report.
Next is the 1 Solana Class Protocol. According to For Martinez, Sol faces a “big test” at the resistance level with a few percentage points higher than the current price.
“$ 135 stands as the most important resistance.”
The analyst follows more widely He says Investors in the sixth largest encryption assets by the maximum market climbing based on a net profit/loss (NUPL), an indication of the chain that measures whether the currency is in a state of profit or loss.
Based on the merchant scheme, NUPL hovers from Sol to the bottom of the zero line, indicating that investors are witnessing losses and in the midst of surrender.
Solana is trading at a price of $ 132 at the time of writing, a decrease of 55 % of the high price of $ 293 reached on January 20.
If we look at the highest micoin Dukwin (Doug), Martinez He says Altcoin has registered a large request per week.
“Where Alert! More than 110 million Dogcoin bought within a week. The big players are betting on the outbreak.”
Dogecoin is trading at $ 0.173 at the time of this report.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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