Cryptocurrency analyst Ali Martinez shared his new thoughts about altcoins in the current market conditions.
Starting with XRP, the analyst said there was no major resistance zone before the coin and there was a key support point of $2.38. Currently, the XRP price is trading at $2.54.
Analysts share his ideas about Dogecoin (Doge), the world’s biggest memo coin, and said Doge Price is facing great resistance at 0.36. However, he said the key support point is $0.21. Currently, Doge Price is trading at $0.23.
On the Ethereum (ETH) side, the most talked about cryptocurrency in the last period in the attack, analysts said the $3,100 level is the next important point of resistance to ETH prices, generating support at $2,233 on the downside. ETH prices are currently trading at $2,598.
Shared his thoughts on Solana, one of the biggest cryptocurrencies, Martinez said the coin is pushing a very important level of support, $175.
*This is not investment advice.