3 Major Altcoins That May Plunge Further as Analyst Flag More Downside

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Analyst Ali Martinez, followed by over 168,000 people on X, forecasts further downside for three major altcoins. Chainlink (LINK) is breaking below the neckline of a head-and-shoulders pattern, with targets at $12.39 and then $11.98. Cardano (ADA) was rejected at the top of its ascending channel and could drop back to $0.21. Solana (SOL), which hit $125 before falling below $115, could decline to $114 and then $111 if it closes below $117. The broader market is under pressure, with bitcoin having lost $2,000 in 20 minutes to hit a 17-day low, below the key $83,000 support level.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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