Analyst Ali Martinez, who shared his new assessments following the recent wave of volatility in the cryptocurrency market, made interesting inferences on several altcoins.
The analyst, who first shared his altcoin reviews, claimed that the Algorand (ALGO) price could soon make a potential 60% price move, either up or down. According to the analyst, a decisive close outside the area between $0.32 and $0.39 could determine the direction of the move. At the time of writing, the ALGO price is trading at $0.37.
On the other hand, the analyst who made a statement about Polygon (POL) claimed that this altcoin is on the verge of a 40% price movement. According to the analyst, a breakout from the area between $ 0.41 and $ 0.47 could determine whether the movement in question is downward or upward.
The analyst, who made a general assessment of the recent volatility, said that those who are affected by the current pump wave and need to make a trade should just wait and be patient. The analyst added that there is no need to make hasty trades by experiencing FOMO before the necessary confirmation signals occur.
*This is not investment advice.
