Crypto analyst Ali Martinez is making some bold predictions about several major cryptocurrencies. He shared his outlook on X (formerly Twitter), forecasting significant price increases for BNB, Bitcoin, Shiba Inu, and Polkadot.
BNB Could Soar
Martinez believes BNB, the Binance Coin, could see a massive price jump. He’s predicting a potential 164% increase, reaching $1,630, if it breaks through the $662 resistance level. At the time of writing, BNB is trading around $617.
Bitcoin’s Next Move
Martinez sees Bitcoin’s current price action mirroring a previous market cycle. Based on this, he forecasts Bitcoin hitting $108,000, then dipping to $99,000 before climbing to $135,000. Bitcoin is currently trading at approximately $97,282.
Shiba Inu’s Potential
For Shiba Inu, Martinez suggests a 56% increase is possible if it breaks through the $0.000025 resistance level. He notes that significant buying activity occurred around this price point. If it surpasses this hurdle, he anticipates a rise to $0.000039. SHIB is currently trading at approximately $0.0000252.
Polkadot’s Upward Trajectory
Finally, Martinez is bullish on Polkadot (DOT), predicting an 86% increase to $11 if the current momentum continues. DOT is currently trading at around $5.92.
Disclaimer: This is not financial advice. Cryptocurrency investments are inherently risky. Always conduct your own thorough research before investing./p>
