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Cryptocurrency News Articles

title: Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that's less than two months old

Mar 29, 2025 at 09:30 pm

Martinez tells his 134300 followers on the social media platform X that the native token of Berachain (BERA), the newly launched crypto project focused on decentralized finance (DeFi), could go up by up to 70%

title: Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that's less than two months old

Crypto trader and analyst Ali Martinez is keeping an eye on an altcoin that’s less than two months old, and he’s also sharing his predictions for XRP (XRP) and Sui (SUI).

As shared by the analyst with his 134,300 followers on X, formerly Twitter, the native token of Berachain (BERA), the newly launched crypto project focused on decentralized finance (DeFi), could go up by as much as 70% if the altcoin manages to break above a key resistance level.

“Berachain is up 65% in the past two weeks and is now testing the upper boundary of this channel. A breakout here could open the gates to $14!”

Berachain, whose mainnet was launched early last month, is trading at $8.23 at the time of writing.

Next up is XRP. According to Martinez, the payments-focused altcoin is currently forming a head-and-shoulders pattern on the daily time frame. A head-and-shoulders pattern is typically considered bearish as it suggests that an asset is unable to sustain its uptrend with a lower high right shoulder. However, the analyst says that XRP can flip the outlook to bullish if the altcoin rises by around 38% from the current level and crosses above the $3 resistance level.

According to the trader, if the cryptocurrency takes out support at $2.18, then it can drop to $1.30.

At the time of writing, XRP is trading at $2.18.

Turning to Sui, Martinez says that the native token of the layer-1 blockchain could appreciate by as much as 28% from the current level if the bullish momentum the crypto asset has enjoyed in the recent past continues.

“SUI surged 25% after a timely Tom DeMark (TD) Sequential buy signal. If this bullish momentum continues, $2.88 and $3.25 are the next key levels.”

TD Sequential is an indicator used in technical analysis to determine potential trend reversal points.

Sui is trading at $2.53 at the time of writing.

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