Analyst and merchant ALI Martinez is optimistic about large cryptocurrency projects that focus on payment and border transactions.
Martinez says Stellar (XLM) forms a strong pattern on the 3rd chart to 129,700 followers on social media platform X.
According to Martinez, XRP (XRP) rivals can increase almost four times at the main resistance level.
“Since November 2024, Stellar seems to be an optimistic flag. The 600% rally, which can be found in November, has created a pattern of pattern, and since then, we have formed a flag of pattern. Continuous rest of more than $ 0.42 is now a 300%price increase by causing bull run to $ 1.60. ”
Stellar is trading $ 0.304 for writing.
Encryption analysts and traders return to Bitcoin (BTC), saying that the largest encryption asset with a market capitalization is an optimistic reversal signal.
“Bitcoin rebounded historically when the merchant loss margin reached -12%. Now we sit at -15.4%to announce the potential reversal! ”
Loss margin is a percentage of losses compared to the initial capital, investment or transaction size.
Martinez also said that in 14 days, a $ 2.9 billion BTC was withdrawn from the encryption exchange.
“More than 25,000 Bitcoin has withdrawn from the exchange over the last two weeks!”
The cryptographic analyst also said that the whale recently announced an optimistic feeling of Bitcoin.
“Whales fell to less than $ 88,000 on February 24, so I bought over 20,000 Bitcoins, and at this level, I can know the powerful purchase measurement interest!”
Bitcoin is trading $ 91,737 for writing.
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Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.
Created image: Midjourney