The cryptocurrency market has attracted attention by gaining strong momentum recently. While the leading cryptocurrency Bitcoin showed an impressive performance by rising to $ 90,000, altcoins such as Dogecoin and Cardano also pleased their investors with their value gains. However, analysts state that the rally may not have started yet. An analyst with a large follower base emphasizes that two altcoins that are heading towards big increases have not yet been noticed by most traders.
Ali Martinez Expects Big Rise for FIL!
According to the information we received from Kriptokoin.com, Bitcoin's rapid rise has also activated the altcoin market. While many tokens have started strong rallies, some projects have not yet started major movements. Popular analyst Ali Martinez predicts a strong rise, especially for peer-to-peer file storage network Filecoin (FIL). According to Martinez, FIL is very close to rising to the highest level of its range by maintaining its long-term support level. In addition, the analyst states that greater increases may occur if FIL breaks through important resistance levels. Martinez says the following on the subject:
“I missed the entry opportunity at $2.94, but I am still bullish on FIL for now. The lower bound has remained strong for almost two years, setting us up for a potential rally to $9.50. That would represent a 145% gain. If we see a breakout above $9.50, FIL could rally to $30, which would be a nearly 700% gain.”
Currently, FIL is trading at $4.20, down $0.20 on the day at the time of writing. However, over the past week, FIL has gained 25.75%. While it is far behind the $237 ATH seen in April 2021, it still holds great potential at the current price.
Bullish Expectations for Notcoin (NOT)
Martinez is closely monitoring the potential of not only FIL, but also the popular Telegram-based game Notcoin (NOT). The analyst notes that NOT has broken through the diagonal resistance of the falling wedge structure and is on the rise, and he expects it to surge 76% towards $0.012. Martinez said the following on the subject:
"Notcoin (NOT) has managed to break out of the falling wedge formation. I expect its price to rise by 76% to $0.012!"
At press time, NOT was trading at $0.00697, down 5.5% on the day. However, it is up 18.4% on the week. While it is still more than 75% from its ATH of $0.02896 seen 5 months ago, NOT is expected to gain 80% in line with analysts’ target.
Conclusion
The rising altcoins and the ongoing strong rally in the cryptocurrency market offer great opportunities for investors. The big explosions predicted by Ali Martinez for FIL and NOT indicate that these projects still have significant opportunities. It may be important for crypto investors to follow these developments in order to make potential gains in the market.
