Analyst Ali Martinez, who signed important analyzes in terms of direction determination in the crypto money market, XRP, Bitcoin $83,642.80 and chainlink 
$12.99 He made remarkable technical evaluations in particular. These analyzes, which can be effective in investors’ decision -making processes, shed light on possible mobility in the market. In particular, the comments made through technical indicators offer clues about short and medium -term price movements. Martinez’s latest assessments suggest that investors adopt a cautious stance.
Decrease signals are strengthened in XRP
Analyst Ali Martinez, drawing attention to the head and shoulder formation in the daily graph of XRP, he talked about a decrease potential of approximately 37 %. This classic technical model is often considered as a signal indicating that an existing rise trend is over and the decline tendency can begin. Martinez stressed that if this formation is completed, the XRP price may hang below a significant level of support.
Pointing out that the rise slows down and the weakening of the buyers, the graphical structure constitutes a risk for investors. Those who are interested in technical analysis often use such formations as a decisive tool for profit realization or new position entries. If the XRP confirms this model in the coming days, it is thought that sales pressure may increase.
Support test and new price threshold in Bitcoin
Martinez said that Bitcoin re -tested a critical level of support and that the protection of this level could be the first signal of the rise. According to the analyst, the average cost level of short -term investors, the $ 90,570 band, may be decisive in the direction determination of the market. This threshold stands out as an important reference point that may affect investor behaviors.
Technical indicators and over -chain data also point to the mobility of long -term investors. The re -transfer of former investors’ assets to the stock markets is considered among the developments that can increase potential sales pressure. This is considered one of the dynamics that are carefully monitored by market players and may have an impact on the price.
The trend rising in Chainlink reached the critical threshold
In the analysis of Chainlink, the rising trend line in the weekly graph comes to the fore. Martinez says that this structure creates resistance in the subcoa and that a negative price movement can be triggered if it is broken. Technically, the downward breaking of the rising trend may indicate that confidence in the market has been shaken and the control of bears is handled.
Analysts emphasize that Chainlink investors should closely follow this graphic formation. Because closing below the trend line may result in the fact that the price is directed to lower support levels. Such technical indicators are a guide in shaping investors’ portfolio strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
