Crypto Trader Says Top-10 Altcoin Primed for a Double-Digit Rally, Updates Outlook on Bitcoin and Solana

A widely followed crypto analyst and trader says that one top-10 altcoin could be gearing up for a massive rally.

Crypto strategist Ali Martinez tells his 65,700 followers on the social media platform X that the native token of layer-1 blockchain Toncoin (TON) could soar more than 19% from its current value.

“Toncoin is poised for a … rise towards $9 after breaking out of an ascending triangle!”

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Source: Ali Martinez/X

Toncoin is trading for $7.53 at time of writing, down 1.5% in the last 24 hours.

Next up, the analyst warns that Bitcoin (BTC) could retest lower levels if it falls to $60,700.

“Don’t get too excited yet! If Bitcoin drops to $60,700, around $22 million will be liquidated!”

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Source: Ali Martinez/X

However, he also says that Bitcoin may be printing a bullish pattern on the hourly chart if the number one digital asset can reclaim $62,200 as support.

“Bitcoin seems to be shaping an Adam and Eve bottoming pattern, signaling a potential 6% rise toward $66,000 if BTC can maintain a candlestick close above $62,200!”

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Source: Ali Martinez/X

Bitcoin is trading for $60,882 at time of writing, down more than 1% in the last 24 hours.

Lastly, the analyst says that Solana (SOL) appears to be confirming an uptrend based on the Tom DeMark (TD) Sequential indicator, which signaled a bullish trend reversal on June 25th.

“What did we say about Solana?”

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Source: Ali Martinez/X

The TD Sequential indicator is typically used to identify trend direction and potential price reversals.

Solana is trading for $141 at time of writing, down more than 4% in the last 24 hours.

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