Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Trader Predicts Under-the-Radar Altcoin Breakout Rally and Says Cardano (ADA) Uptrend Looks Healthy.
ALTCOIN NEWS

Trader Predicts Under-the-Radar Altcoin Breakout Rally and Says Cardano (ADA) Uptrend Looks Healthy.

By Crypto FlexsMarch 6, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Trader Predicts Under-the-Radar Altcoin Breakout Rally and Says Cardano (ADA) Uptrend Looks Healthy.
Share
Facebook Twitter LinkedIn Pinterest Email

Crypto analyst and trader Ali Martinez predicts that decentralized exchange (DEX) altcoins will soon see a breakthrough.

Martinez says 49,400 followers on social media platform

“GMX is forming a (reverse) head and shoulders pattern on the daily chart. A sustained daily candlestick close above $60 could trigger a 48.50% bullish breakout sending GMX to $90!”

Source: Martinez/X

GMX is trading at $56.13 at the time of this writing, down nearly 5% in the last 24 hours.

Next is the merchant proposal Smart contract protocol Cardano (ADA) has more upside potential.

“Cardano’s upward trend looks healthy! Daily active ADA addresses, transaction volume, and ADA whale transactions are increasing noticeably. “This increase in activity signals strong network engagement and investor interest and is a positive indicator of continued growth.”

video
Source: Martinez/X

Cardano is trading at $0.77 at the time of writing, up more than 6% in the last 24 hours.

Finally, the merchant warn If Bitcoin (BTC) falls below $61,000, it could fall to $51,500. To identify key support levels, he uses Bitcoin’s URPD or UTXO (Unused Transaction Output) realized price distribution. This tracks the number of existing coins that last moved within a given price range.

“More than 500,000 BTC were traded in the $61,100-$61,800 range, creating a significant support zone. If Bitcoin holds above this threshold, it is poised to rise to $65,900, given that future resistance is minimal. Conversely, if BTC falls below support, a correction could push it down to $56,970 or even $51,500.”

video
Source: Martinez/X

Bitcoin is trading at $67,481 at the time of writing, up more than 7% in the last 24 hours.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

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

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

6 Common Crypto Scams and How to Avoid Them – Protect Your Investment

February 10, 2024

Solana’s declining revenues risk exacerbating its centralization problem.

September 6, 2024

Ethereum (ETH) underperforms amid ETF woes and market dynamics

August 20, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.