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Renowned Analyst Issues Sell Signal for 3 Altcoins: Watch These Levels

Renowned Analyst Issues Sell Signal for 3 Altcoins: Watch These Levels

Photo: Bitcoin Sistemi

Crypto analyst Ali Martinez has stated that technical indicators are giving sell signals for three popular altcoins. The analyst claims that signals previously seen before sharp price drops are reappearing in Near Protocol (NEAR), Zcash (ZEC), and BNB. According to Martinez's assessment, the TD Sequential indicator on Near Protocol's weekly chart generated a sell signal. A similar signal in the past had led to a 32% drop in the NEAR price. The analyst noted that the altcoin is currently down 24%, pointing to $4.30 as a critical support level.

Source: Bitcoin Sistemi

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