One of the Leading Analysts Shared His Forecasts Regarding the Future Prices of Bitcoin and XRP! 'Critical Thresholds...'
Prominent crypto analyst Ali Martinez has shared key technical levels for Bitcoin, Hyperliquid, and XRP. For Bitcoin, he highlights $64,300 as a critical short-term threshold; a confirmed breakout above this level could push BTC towards $65,500 and possibly $66,500. However, Martinez warns of increasing selling pressure due to over 20,000 BTC being transferred to exchanges recently and miners selling roughly 1,774 BTC last week, which may indicate profit-taking.
Regarding Hyperliquid's token HYPE, Martinez notes it has reached a significant resistance trendline with a TD Sequential sell signal, potentially leading to a drop towards $50 if sellers dominate.
For XRP, the analyst identifies $1.06 as the crucial support level. Holding above it could allow buyers to target $1.35 and $1.64. Conversely, a break below $1.06 could intensify selling pressure, potentially driving the price down to $0.80 or even $0.62.
cryptonews.ru08/04 18:31
