Analyst Sees Bullish Price Targets for Bitcoin, Ethereum, XRP, and Solana
A popular analyst named Ali Martinez has shared bullish price expectations for Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL).
The analyst examined long-term charts of each asset and identified notable technical levels in the current bull cycle.
For Bitcoin, the significant level to watch is $125,000, which was previously seen as a peak. If this level is surpassed, BTC could rise towards the upper limit of its ascending channel, testing approximately $190,000.
Ethereum has been in a rising channel for about five years, with an important technical level around $5,000. Breaking above this region could send ETH to $8,800.
$XRP's monthly chart shows a rising triangle pattern with resistance at the $3.66 level. A close above this resistance would confirm the breakout and bring the formation's technical target to around $31.87.
Solana has formed a cup-and-handle pattern, with the neckline of the pattern around $295. A monthly close above this level could strengthen the bullish scenario, with a technical target of around $2,744.