According to crypto analyst Ali Martinez’s technical analysis, the Solana 
$152-based Trump memecoin possesses significant upward potential. Martinez emphasizes through his social media posts that positive signals from technical indicators suggest new peaks could be achieved if the price breaks through a critical resistance level. Meanwhile, he paints a risky scenario for Ethereum 
$1,801 and Chainlink 
$15, indicating that these assets could retreat to critical support levels. The recent increase in volatility in the crypto market has led traders to closely monitor technical data.
Trump Memecoin Could Surge by 138%
In the technical analysis shared by Ali Martinez, the Trump memecoin is noted to be within a bullish formation supported by the TD Sequential indicator on a weekly timeframe. These indicators suggest that the memecoin could enter a strong upward trend. According to the analysis, if the asset maintains its current support level, it could gain approximately 138% in value. The critical breakout point is indicated at $11.96, and if this threshold is surpassed, the price is expected to rise to $17.94.
Currently trading at $7.55, the Trump memecoin has begun generating buy signals despite weeks of price pressure. This memecoin, developed on the Solana network and named after former U.S. President Donald Trump, has drawn increasing interest from investors on social media. According to Martinez’s analysis, if the technical data is validated, investors could potentially achieve significant returns from this asset.
Critical Level for Ethereum at $1,200
The technical evaluation for Ethereum highlights short-term risks. Daily charts suggest a near 19% decline from its current price may occur. The analysis predicts that in the event of a pullback, the price could drop to $1,200, establishing a new support level. This level is considered critical by market makers.
Ethereum is currently trading around $1,485. The recent downward trend has compelled investors to act cautiously, while technical analyses indicate the market direction has yet to become clear. Martinez stresses the importance of risk management for investors, especially considering the possibility of short-term vulnerabilities even in high market cap assets like Ethereum.
Support Levels Stand Out for Chainlink
In the analysis of Chainlink (LINK), the focus is on the drop below the ascending trend line on the three-day chart. Technical indicators reveal that following this breakdown, LINK could decline by up to 34%. In this bearish scenario, the $10 and $7.50 levels are seen as the first and second key support zones, respectively. A pullback from current levels may indicate areas where investors could re-enter positions.
Currently trading at $11.41, Chainlink appears to be seeking support in the short term. Technical analyses frequently remind that trend breakdowns could result in significant directional shifts. Thus, it is crucial for short-term investors to closely monitor support and resistance levels. Martinez’s comments reinforce this notion: if the price approaches the identified supports, new buying opportunities may arise, but the risk of decline should not be overlooked.
