Crypto analyst Ali Martinez, a Ethereum (ETH) rival may move higher even after making big gains thinks.
Ali Martinez says Solana price may be showing a bullish formation that could lead to an increase of over 65% from its current value.
Solana is breaking out of a developing bull flag on the four-hour chart. A sustained close above $10 could trigger a 47% rally that pushes SOL towards the $150-165 price range.
Solana is trading at $100 at the time of writing, up 476% from four months ago.
Next up, the trader believes memecoin Pepe (PEPE) will rise.
PEPE appears to be breaking out of a descending parallel channel, which suggests PEPE could move towards $0.0000016 or even $0.0000019!
Finally, the analyst noted that the Tom DeMark (TD) Sequential indicator Ethereum He warned that it showed the possibility of a corrective action.
The TD Sequential indicator aims to identify turning points in a market with a value of nine, signaling a possible trend reversal.
TD Sequential noted that a one to four candlestick correction may be coming on the Ethereum four-hour chart. If confirmed, ETH may drop to $2,530 or even $2,450.
