A cryptocurrency trader has made a bold prediction about an under-the-radar altcoin, suggesting that it could experience a rally of 2,230%. The analyst, Ali Martinez, believes that VeChain (VET), a blockchain platform for supply-chain management, is on the verge of breaking out from its current resistance level of $0.033. If this breakout occurs, Martinez predicts that VET could reach his long-term target of $0.70. At the time of writing, VET is trading at $0.030, implying significant upside potential if it reaches the analyst’s target. Additionally, Martinez highlights the potential for Cardano (ADA) to surpass its diagonal resistance and move towards $0.700, although support at $0.613 must be closely monitored. Another cryptocurrency, Fantom (FTM), is also mentioned, with Martinez suggesting that a breakout from its current resistance zone could lead to a 45% surge, targeting $0.65. However, as of now, FTM is trading at $0.42.
Latest
Trader Predicts 2,230% Rally for One Under-the-Radar Altcoin, Says Bullish Leap in Sight for Cardano and Fantom
