Crypto expert Ali Martinez predicts a breakout for a decentralized exchange (DEX) altcoin.
GMX: Bullish Pattern Forming
Martinez believes GMX is forming a bullish trend reversal pattern that could lead to a 60% surge. If GMX closes above $60, it could rally towards $90.
Cardano (ADA): Positive Signs
Martinez also sees potential in Cardano (ADA). He notes an increase in active addresses, transaction volume, and whale activity, indicating strong network engagement and investor interest.
Bitcoin (BTC): Support and Resistance Levels
Martinez warns that if Bitcoin (BTC) falls below $61,000, it could drop to $51,500. However, if it stays above this threshold, it could climb to $65,900.