Analyst Predicts Surge for Hidden Altcoin, Cardano (ADA) Shows Promise

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.