Cryptocurrency Analyst Ali Martinez Bullish on Berachain (BERA), XRP, and Sui (SUI)
Cryptocurrency trader and analyst Ali Martinez is optimistic about the potential of a new altcoin, Berachain (BERA), while also sharing insights on XRP and Sui (SUI) price movements.
Berachain (BERA)
With Berachain, a DeFi-focused crypto project, Martinez sees a bullish opportunity as the altcoin tests a key resistance level. If Berachain manages to break above this level, Martinez believes the token could surge by up to 70%, potentially reaching $14.
Trading at $8.23 at the time of writing, Berachain’s recent growth of 65% in the past two weeks has caught Martinez’s attention.
XRP Analysis
Turning to XRP, Martinez notes the formation of a head-and-shoulders pattern on the daily chart, typically considered bearish. However, if XRP can surpass the $3 resistance level with a 38% increase from the current price, Martinez believes the outlook could turn bullish. On the flip side, a drop below $2 could lead to a decline below $1.30 for XRP.
XRP is currently trading at $2.18.
Sui (SUI) Forecast
For Sui, the native token of a layer-1 blockchain, Martinez highlights a potential 28% appreciation if the recent bullish momentum continues. A TD Sequential buy signal has already propelled Sui by 25%, with key levels at $2.88 and $3.25 if the momentum persists.
Sui is currently priced at $2.53.
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