Crypto Token Tracker logo Crypto Token Tracker logo
BitcoinSistemi 2025-01-09 21:32:07

Experienced Analyst Says He Targets $ 10 For XRP, $ 7,000 For Ethereum – Here Are His Opinions

Cryptocurrency analyst Ali Martinez pointed out in his latest statement that there are two potential critical points in the XRP price and additionally evaluated Bitcoin and Ethereum. According to Martinez, the first of the critical points is the $2.05 level, which is the rising trend line of the pennant formation. As the second critical level, the analyst indicated the $2.50 level, which represents an exit point from the pennant version. At the time of writing, the XRP price is trading at $2.30. However, Martinez claimed that his price target for XRP is $10, regardless of critical price levels. Related News: What's Next for Bitcoin Price? Analytics Firm Presents Two Bullish, One Bearish Scenarios Ali Martinez also made some comments about Bitcoin. According to the analyst, currently 66.38% of traders on Binance, the world's largest cryptocurrency exchange, predict that the BTC price will bounce again. Finally, speaking about Ethereum, the analyst argued that a drop to $2,900 for the ETH price could be a very bullish development. According to the analyst, this could be a step towards the next target of $7,000. *This is not investment advice. Continue Reading: Experienced Analyst Says He Targets $ 10 For XRP, $ 7,000 For Ethereum – Here Are His Opinions

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.