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Trader says that Trump-linked Solana-based memecoin could explode 138%, update the prospects on Ethereum and Chainlink

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Credit : dailyhodl.com

Cryptocurrency Dealer and analyst Ali Martinez leans Bullish on a memecoin constructed within the Solana (SOL) ecosystem and presents his prediction for Ethereum (ETH) and Chainlink (hyperlink).

Martinez tells His 134,800 followers on the social media platform X that the official Trump (Trump) Memecoin might put together for a bullish reversal primarily based on the sequential indicator alerts of Tom Demark (TD) on the weekly interval.

The TD -sequential indicator is used to determine potential development score factors in technical evaluation.

In keeping with the analyst, Trump might accumulate round 138% of the present stage and attain a value goal of $ 17.94 if an outbreak is confirmed across the value of $ 11.96. Martinez says that Trump presently has a big stage of assist in comparison with the worth of $ 7.13.

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Supply: Ali Martinez/X

Trump trades at $ 7.55 on the time of writing, fell by 27% within the final seven days.

The subsequent is Ethereum. Martinez out That primarily based on the evaluation of Ethereum on the day by day interval, ETH might fall by roughly 19% of the present stage earlier than it could actually discover the following assist zone.

“$ 1,200 may very well be the place Ethereum finds its foot!”

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Supply: Ali Martinez/X

Ethereum trades at $ 1,485 on the time of writing, fell round 21% within the final seven days.

Flip to the Blockchain Oracle Chainlink, Martinez out That hyperlink has change into Bearish after he has not stayed above an upward trendline on the three -day interval. In keeping with the analyst, Chainlink runs the chance of falling by a most of 34% of the present stage.

READ  Ethereum Whales Gobble Up $422,123,359 Worth of Ethereum (ETH) in Just 24 Hours, Says Crypto Analyst

“After breaking beneath the rising development line, the next vital assist ranges for Chainlink are $ 10 and $ 7.50!”

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Supply: Ali Martinez/X

Chainlink has been traded for the previous seven days at $ 11.41 on the time of writing, a lower of round 16%.

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