According to a famous analyst, a chart pattern shows that an altcoin operated in the actual asset (RWA) cryptocurrency division is ready to rise.
Trader Ali Martinez said to 118,700 followers on social media platform X that RWA project OnDo Finance (onDO) said, “It seems to be out of the flag.”
The bull flag is generally considered a strong pattern, indicating that assets are being integrated before the start of a new rise.
Martinez suggests that the bull flag can aim at $ 3.40, which is an increase of 141%.
OnDO is trading at $ 1.41 at the time of this article. The 37th cryptocurrency asset has risen more than 6% over the last 24 hours.
Cryptocurrency analysts also said that the weak market may begin between May and October this year, according to the historical trend related to Bitcoin (BTC) half -life. Bitcoin half -life is a very anticipated event that reduces BTC miners in half.
Martinez also mentioned that nearly $ 5 billion BTC revenue was realized on Thursday.
At the time of this article, BTC is trading for $ 104,947. The top cryptocurrency assets have risen more than 1% over the last 24 hours.
Martinez also mentioned that cryptocurrency whales have sold more than 180 million Cardano (ADA) over the past week.
Ethereum (ETH) rivals are trading at $ 0.973 at this point.
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Created image: Midjourney