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Lunam Points
The cryptocurrency trader and analyst Ali Martinez is looking optimistic about a same, built in the Solana ecosystem (soil) while offering its forecasts for Ethereum (ETH) and ChainLink (link).
Martinez said to her 134,800 subscribers on the X social media platform that the official Trump (Trump) even could prepare for a bullish reversal based on the sequential indicator signals of Tom Demark (TD) on the weekly time.
The TD sequential indicator is used to identify potential tendency reversal in technical analysis.
According to the analyst, Trump could rally around 138% compared to the current level and reach a price target of $ 17.94 if an escape is confirmed at around $ 11.96. Martinez says Trump currently benefits from a major level of support at around $ 7.13.
Trump is traded at $ 7.55 at the time of writing, down 27% in the last seven days.
The next step is Ethereum. Martinez says that on the basis of Ethereum’s analysis on the daily delay, ETH could fall by around 19% compared to the current level before being able to find the next support area.
“$ 1,200 could be the place where Ethereum finds its base!”
Ethereum is negotiated at $ 1,485 at the time of the editorial staff, down around 21% in the last seven days.
Turning to the Oracle channel chain, Martinez says that the link has become down after failing to stay above an upward trend line over the three-day period. According to the analyst, ChainLink may fall up to 34% of the current level.
“After breaking below the growing trend line, the following key support levels for ChainLink are $ 10 and $ 7.50!”
ChainLink is traded at $ 11.41 at the time of the editorial staff, down approximately 16% in the last seven days.
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Image generated: Midjourney