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Ethereum

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<p>Bitcoin and altcoins initially faced a sell-off due to the uncertainty surrounding the US midterm elections. However, a recovery subsequently occurred in the market, and one analyst pointed to certain altcoins, noting that they were showing potential signs of recovery.</p>
<p>At this point, popular analyst Ali Martinez, in posts from his X account, predicted that six altcoins—Ethereum, Solana, Cardano, Sui, Chainlink, and Aave—could experience price increases.</p>
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<h2 id="what-is-the-target-for-ethereum">What is the Target for Ethereum?</h2>
<p>According to the analyst, Ethereum fell from $2,806 to $2,171, losing approximately 22.64% of its value. The analyst noted that a TD Sequential buy signal formed on the 3-day chart, indicating that the correction may be nearing its end.</p>
<p>According to the analyst, if buying pressure increases, the first target for ETH will be $2,500. If this level is also surpassed, the next resistance level of $2,700 may come into play.</p>
<h2 id="solana-s-90-support-is-important">Solana’s $90 Support is Important!</h2>
<p>The analyst noted that Solana also experienced a 27.3% drop, falling from $124 to $90. Similar to Ethereum, he stated that a TD Sequential buy signal had formed on the 3-day chart for SOL.</p>
<p>At this point, the analyst added that if the $90 support level holds, the SOL price could recover first to $105 and then to $120.</p>
<h2 id="buy-signal-after-sharp-drop-in-cardano">Buy Signal After Sharp Drop in Cardano!</h2>
<p>The analyst noted that Cardano experienced the sharpest decline among the three altcoins, with ADA’s price losing 35 percent of its value.</p>
<p>The analyst noted that, similar to ETH and SOL, a TD Sequential buy signal has formed on ADA’s 3-day chart, and that critical levels in a potential recovery are $0.226 and $0.26.</p>
<h2 id="three-more-altcoins-show-buy-signals">Three More Altcoins Show Buy Signals!</h2>
<p>The analyst stated that besides Ethereum, Solana, and ADA, Sui, Aave, and Chainlink are also giving buy signals.</p>
<p>According to the analyst, a TD Sequential buy signal has formed on the 3-day charts of SUI, AAVE, and LINK, indicating a potential recovery and pointing to levels to watch.</p>
<p>Firstly, the $0.9 level is a critical resistance for SUI, and the analyst stated that if this level is breached, the price could rise to $1.1 and then to $1.2.</p>
<p>Secondly, AAVE is also among the altcoins giving a buy signal, and the analyst states that if buying pressure strengthens, the first target for AAVE is $146. If this level is surpassed, the resistance at $176 may come into play for AAVE.</p>
<p>The analyst, pointing to LINK as the latest altcoin to give a buy signal, notes that $11.3 is being watched as a significant resistance level. If this level is broken, the next targets for LINK are $12.7 and $14, respectively.</p>
<p>*This is not investment advice.</p>
<p><b> Continue Reading: <a href="https://en.bitcoinsistemi.com/is-big-volatility-approaching-in-altcoins-popular-analyst-points-to-ethereum-and-five-altcoins/" rel="noopener noreferrer nofollow">Is Big Volatility Approaching in Altcoins? Popular Analyst Points to Ethereum and Five Altcoins!</a></b></p>

Is Big Volatility Approaching in Altcoins? Popular Analyst Points to Ethereum and Five Altcoins!

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