A cryptocurrency strategist who follows closely believes that two altcoins that are invisible to most traders are poised for massive upside.
Analyst Ali Martinez told his 78,600 followers on social media platform X that he is bullish on the underlying asset of Filecoin (FIL), a peer-to-peer file storage network.
According to analysts, FIL appears poised to rise to the top after honoring its long-term support. Martinez also believes that FIL could witness an exponential rise if it overcomes critical resistance levels.
“Despite missing the $2.94 entry, I remain bullish on Filecoin FIL at this level.
The lower limit is likely to bounce back to $9.50, up 145% after remaining strong for nearly two years. In case of a break above the upper limit ($9.50), FIL could reach $30, offering about 700% upside from here.”
As of this writing, FIL is valued at $4.32, up more than 7% in the past day.
Traders are also paying attention to NOT, the community token from Notcoin, the popular Telegram-based tap-to-earn mining game. Martinez said he was bullish on NOT after the altcoin broke the diagonal resistance of the falling wedge structure. This is a bullish reversal pattern.
“Notcoin NOT has broken out of the falling wedge and its price is expected to rise 76% to $0.012!”
As of this writing, NOT is worth $0.0076.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us XFacebook, Telegram
Daily Hodl Mix Surfing
 
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 you will be responsible for any losses you may suffer. 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: DALLE3