Analyst and merchant Ali Martinez is looking optimistic about a large capitalization cryptography project focusing on cross -border payments and transactions.
Martinez said to its 129,700 subscribers on the X social media platform that Stellar (XLM) forms a bull model on the three-day graph.
According to Martinez, the XRP rival (XRP) could increase by almost 4x from a major level of resistance.
“Since November 2024, Stellar seems to form a Haussier flag. The 600% rally seen in November created the model of the model and the consolidation phase that we have seen since then is to form the model of the model. Now, a shortage supported above the resistance of $ 0.42 could trigger a bull at $ 1.60, which represents a price increase of 300%. »»
Stellar is traded at $ 0.304 at the time of the editorial staff.
By turning to Bitcoin (BTC), the analyst and trader Crypto claims that the greatest cryptographic asset by market capitalization flashes a bullish inversion signal.
“Bitcoin has historically rebounded when the margin of loss of trader reaches -12%. Currently, he is sitting at -15.4%, signaling a potential reversal! »»
The margin of loss is the percentage of losses in relation to initial capital, investment or business size.
Martinez also says that around 2.29 billion dollars in BTC were removed from crypto exchanges in just 14 days.
“In the past two weeks, more than 25,000 bitcoins have been removed from exchanges!”
Analyst Crypto also indicates that whales recently reported a bullish feeling about Bitcoin.
“The whales have bought more than 20,000 bitcoins since it dropped below $ 88,000 on February 24, signaling a strong purchase interest at these levels!”
Bitcoin is negotiated at $ 91,737 at the time of the editorial staff.
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