Cryptocurrency strategist Ali Martinez is a notable analyst on social media with 78,600 followers. Martinez believes that two altcoins that are overlooked by most investors could see significant gains: Filecoin (FIL) and Notcoin (NOT).
Positive Prospects for Filecoin (FIL)
Martinez paints an optimistic picture regarding FIL, the native token of file-sharing network Filecoin. He notes that FIL, which maintains its long-term support, could move towards the upper limit.
“I missed the $2.94 entry level but I am still bullish on Filecoin FIL at this point,” Martinez said. “The lower bound has been strong for almost two years and we see a potential rally to $9.50. If $9.50 is broken, FIL could surge nearly 700% to $30.”
Bullish Signal for Notcoin (NOT)
Another altcoin on Martinez’s radar is NOT, the community token of the Telegram-based mining game Notcoin. The analyst notes that NOT has the potential to break the resistance of the falling wedge formation and create bullish potential.
“Notcoin NOT has broken through the resistance of the falling wedge formation, in which case the price is expected to rise by 76% to $0.012,” Martinez said.
Market Reaction and Current Situation
Following these statements, the FIL price reached $4.32, gaining 7% in the last 24 hours. NOT is trading at $0.0076.
Investors should do their own research and consider risk factors when evaluating such analyses.