Experienced cryptocurrency analyst Ali Martinez made bullish statements about an altcoin in his statement.
According to analyst Worldcoin (WLD), It is showing signs of sudden rise from a bull flag on its 4-hour chart. Martinez claims that if this pattern is confirmed, WLD price could experience an 80% rally, targeting a price of $6.30.
WLD price is trading at $3.67 at the time of writing this article and has increased by approximately 30% in the last month.
Speaking about other altcoins, the analyst reported that Litecoin whales purchased 42,000 LTC, corresponding to approximately $3 million, over the last week.
On the other hand, talking about cryptocurrencies where he sees bearish findings, Martinez said that the “TD Sequential” metric for Polkadot (DOT) showed signs of a decline on its weekly chart and touched a key resistance point in the 100 exponential moving average data. According to the analyst, if this development causes an increase in profit selling, the DOT price may drop to $ 7.50.
DOT is trading at $9.26 at the time of this writing.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!