The year 2024 marks a significant phase for the financial market, with greater attention focused on the cryptocurrency industry. This period in the sector is marked by the event known as halving, a crucial moment for cryptocurrency enthusiasts, as it historically suggests a subsequent asset appreciation cycle, offering profitable opportunities.
In light of this dynamic world of cryptocurrencies, Ali Martinez, a renowned cryptocurrency analyst, recently revealed two promising cryptocurrencies in reviews shared on your official account on Platform X.
In his analysis, Martinez suggested that the two cryptocurrencies are hidden gems given their high potential for appreciation soon. The two promising cryptocurrencies revealed by the expert are Brett (BRETT) and Eldarune (ELDA).
According to the analyst, the BRETT token is one of those memecoins that is preparing for an epic sprint and could experience a bullish breakout that could take it to the $0,080 price level.
“The memecoin craze may appear to be cooling down, but I believe it is only heating up. $BRETT on Base is one of those gearing up for an epic sprint! Before moving higher, BRETT could drop to the $0,038 support, setting the stage for a bullish breakout to $0,080!” he stated.
The #memecoin craze might seem to be cooling off, but I believe it's just warming up. $BRETT on #base is one of those that is gearing up for an epic sprint!
Before soaring, #BRETT might dip to the $0.038 support, setting the stage for a bullish breakout to $0.080!
Looking to… pic.twitter.com/UIgpIY2Ozi
— Ali (@ali_charts) March 28, 2024
At the time of publication, the price of BRETT was quoted at US$0,04868, up 20.7% in the last 24 hours. In this same period, the cryptocurrency recorded a trading volume of US$13.457.249. Over the past two weeks, the price of the BRETT token has appreciated by an impressive 77.9%.
Martinez also highlighted the potential of the Eldarune (ELDA) cryptocurrency, emphasizing that the “ELDA token appears to be a hidden gem among low market cap altcoins, showing strong signs of a bullish breakout.”
“Technical analysis indicates a promising breakout from a descending triangle formation. If ELDA breaks through the critical resistance barrier of $0,20, we could witness an increase of almost 68%. Keep an eye on this one!”, warned the analyst.
$ELDA appears to be a hidden gem among low market-cap #altcoins, showing strong signs of a bullish breakout.
Technical analysis indicates a promising escape from a descending triangle formation. Should #ELDA breached the critical $0.20 resistance barrier, we could witness a surge… pic.twitter.com/YUTa26ppNM
— Ali (@ali_charts) March 27, 2024
At the time of publication, the price of ELDA was quoted at US$0,01878 with an increase of 6.0% in the last 24 hours. In the last 30 days, the cryptocurrency has seen an increase in its price of 5.0%.
