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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.

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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.

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