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Home»ALTCOIN NEWS»Analyst Predicts 200% Rise in AI-Linked Altcoins and Spots Further Rise for Sam Altman’s Worldcoin (WLD).
ALTCOIN NEWS

Analyst Predicts 200% Rise in AI-Linked Altcoins and Spots Further Rise for Sam Altman’s Worldcoin (WLD).

By Crypto FlexsFebruary 22, 20242 Mins Read
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Analyst Predicts 200% Rise in AI-Linked Altcoins and Spots Further Rise for Sam Altman’s Worldcoin (WLD).
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A closely followed cryptocurrency strategist is predicting significant gains for two artificial intelligence (AI)-related altcoins, including Worldcoin (WLD).

Ali Martinez told his 46,500 followers on social media platform

Filecoin’s decentralized network offers a cheaper alternative for data storage, making the cryptocurrency project attractive to AI companies looking to store large data sets.

According to Martinez, FIL stands to gain around 200% if immediate resistance is removed.

“Filecoin is trading within a parallel channel on the 3-day chart. Note the resistance occurring at the upper boundary of the channel set at $8.50.

If this barrier is successfully breached, the price of FIL could rise significantly, potentially tripling its value to $25.5!”

source: Ali Martinez/X

A parallel channel is a technical pattern that indicates an asset is in a sideways consolidation phase when it is trading within a range. As of this writing, FIL is trading at $7.60.

As for Worldcoin, Martinez believes the underlying asset of the eye-scanning biometric cryptography project co-founded by OpenAI CEO Sam Altman has yet to rebound. According to analysts, WLD could surge up to 268% from current levels after breaking the ascending parallel channel.

“Worldcoin appears to have broken out of a rising parallel channel on the daily chart, setting the stage for a potential upward move. If this breakout holds, WLD could rise to $15 and even extend to $26.”

video
source: Ali Martinez/X

Rising parallel channels are generally considered a bullish pattern because they indicate that an asset is printing higher highs and higher lows.

As of this writing, WLD is worth $6.79.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

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