At the time of writing the article Fed minutes It was minutes away from airing and BTC It is sold for $123,800. October started with a rise for cryptocurrencies, exactly in line with the historical narrative. The last quarter generally meant a rise in cryptocurrencies, and there is a widespread belief that this will happen again. However, INJ Coin is preparing for a decline. Martinez is aiming for exactly $9.
INJ Coin Target
Famous cryptocurrency analyst Ali Martinez shared the current INJ Coin chart in his evaluation today and wrote that he targeted $9. The reason for this is that the triangle followed with bullish hopes has now clearly broken down and INJ The bulls still cannot reclaim the support zone. This cycle will not be great for all altcoins, some will be unaware of the rise. Is INJ Coin one of them? We will experience this and see.
This is still a difficult scenario. If INJ is going to experience such a sharp decline BTCIt should form a strong lower wick below $117 thousand. This would be annoying for other altcoins as well. As a matter of fact, minutes before the Fed minutes were published (the minutes will be published when you read this content), BTC was moving to 124 thousand dollars.
XPL Coin and Predictions
Sherpa is obsessed with XPL Coin. Plasma is off to an extremely strong start, and strong starts aren’t just about price. The team and financial power behind him probably motivates Sherpa. According to him, XPL Coin is in the opportunity zone.
“If you have a high degree of confidence that something will go up, why would you sell? Opportunity cost.
Take XPL for example. 75% of CT+ seems to be in a sunken long position on this issue. Will it eventually recover? Most likely yes.”
altcoin Stoic advised simplification for investors. Investors focus on too many things and perhaps that’s why they often make losses. This is his opinion.
“In a trend environment, I believe 99.99% of people would lose less money if they just used the insillico hull suite indicator or a bare chart with a trend following MA/EMA strategy.
Since it is based on historical data, it is clearly a more primitive form compared to being able to watch the stream and read it in real time. But I still believe it is a great tool for most people who believe complicated means more money and overcomplicate things unnecessarily.”
