A cryptocurrency analyst is predicting a major price surge for a new altcoin, while also sharing his outlook on XRP and Sui.
Berachain (BERA) Could Soar 70%
Analyst Ali Martinez believes Berachain (BERA), a less-than-two-month-old DeFi altcoin, could jump as much as 70%. He points to its recent performance, noting a 65% increase in the past two weeks. A break above a key resistance level could send BERA to $14, according to Martinez. Currently, BERA is trading around $8.23.
XRP: Bullish or Bearish?
Martinez sees XRP forming a head-and-shoulders pattern, a bearish indicator. However, he suggests a bullish reversal is possible if XRP climbs about 38% from its current price, breaking above the $3 resistance level. Conversely, if support at $2 breaks, XRP could fall below $1.30. XRP is currently trading at $2.18.
Sui (SUI) Poised for Further Growth?
The analyst is also optimistic about Sui (SUI), suggesting a potential 28% increase based on recent bullish momentum and a positive technical indicator (Tom DeMark Sequential). If this momentum continues, Martinez anticipates SUI reaching $2.88 and $3.25. SUI is currently trading at $2.53.
Disclaimer: This information is for educational purposes only and is not financial advice. Always conduct your own research before investing in cryptocurrencies.
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