Popular crypto analyst Ali Martinez discusses Ethereum rival altcoin Phantom He believes that the (FTM) price has the potential to rise by an average of 200%. Analyst says FTM price has formed a ‘reversal pattern’ on weekly chart stated.
According to Martinez, exceeding the resistance of the formation, altcoinIt will trigger a rally that could send TL to a level last seen in April 2022.
Phantom appears to be forming a ‘W’ pattern on its weekly chart. If FTM sustains its weekly close above $0.57, this will confirm the bullish formation and it is poised to move towards $1.60.
Trader also supports the iris biometric cryptocurrency project worldcoinIt also closely follows the price movement of (WLD). According to the analyst, WLD is currently trading above the diagonal resistance of a bullish continuation formation.
Worldcoin is showing signs of a breakout from a bull flag on its four-hour chart! If confirmed, this could pave the way for WLD to enter an 80% rally targeting $6.30.
NEWS CONTINUES BELOW
As Koinfinans.com reported, WLD price is trading at $3.67, down over 5% in the last 24 hours, but still remains above the analyst cross resistance.
Blockchain-based gaming ecosystem The SandboxThe analyst looking at (SAND) thinks that the altcoin is poised to move higher once it breaks through a resistance level based on the number of wallets holding SAND at key price levels.
Sandbox above $0.55 presents a bullish opportunity. With a clear path ahead and no major resistance, SAND can aim higher. The next critical resistance wall is between $0.90 and $1.35, where 23,000 addresses hold 447 million SAND.
