According to the technical analysis of crypto money analyst Ali Martinez, Solana -based Trump Memecoin has a serious rise potential. Martinez stressed that the technical indicators give positive signals and that new peaks are possible if the price breaks a significant level of resistance. On the other hand, the analyst, who draws a risky picture in the short term for Ethereum and Chainlink, said that these assets may decline to critical support levels. Increasing volatility in the crypto currency market causes investors to follow the technical data more closely.
138 percent potential in Trump Memecoin
In the technical analysis shared by Ali Martinez, Trump Memecoin is in a rise formation supported by the TD Sequential indicator during the weekly time period. These indicators indicate that Memecoin can enter a powerful upward trend. According to the analysis, the asset may gain approximately 138 %as long as it can maintain its current support level. $ 11.96 is shown as the decisive breaking point, while this threshold is expected to climb to $ 17.94.
Trump Memecoin, which is currently traded at $ 7.55, has begun to produce purchase signals despite the price pressure for weeks. Developed on the Solana network and named after US President Donald Trump, this Memecoin has recently entered the radar of investors with increasing interest in social media. According to Martinez’s analysis, if technical data is confirmed, investors may have a significant return from this asset.
Critical Level $ 1,200 in Ethereum
In the technical assessment made for Ethereum, short -term risks stand out. According to daily graphics, the possibility of a decrease of approximately 19 %from ETH’s current price is not ignored. According to the analysis, the price is expected to decline to $ 1,200 with a possible retreat and create a new support here. This level is seen as a critical threshold for market makers.
Ethereum is currently trading at $ 1,485. While the decline tendency in recent weeks forces investors to be cautious, technical analysis shows that the market direction is not yet clear. Martinez emphasizes that investors should manage their risks well, taking into account possible withdrawal. The fact that there may be short -term fragility, even in large market value such as Ethereum, necessitates carefully evaluating the analyzes.
Supports in Chainlink are in the foreground
In the Chainlink (LINK) analysis, it is noteworthy that the three -day graph descends below the rising trend line. Technical indicators reveal that LINK may decrease up to 34 %after this break. In this decline scenario, $ 10 and $ 7.50 are considered as the first and second important support zones, respectively. A withdrawal starting from existing levels may indicate areas where investors will take positions again.
Chainlink, which is currently traded at $ 11.41, seems to have been searching for support in the short term. Technical analyzes often remind you that trend breaks can cause serious direction changes. For this reason, support-reasons levels, especially for short-term investors, need to be meticulously monitored. Martinez’s statements are also in this direction: If the price progresses towards the specified supports, it is emphasized that new purchase opportunities may arise, but the risk of decrease should not be ignored.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
