Trader Says Large-Cap Ethereum Competitor Could Explode 2x After Overcoming Major Resistance Level, Unveils Targets for XRP, Dogecoin and Sui
A widely followed crypto analyst says that one large-cap rival of Ethereum (ETH) is poised to double up in price if it can break through a crucial resistance level while updating his outlook on other altcoins. In a new thread, crypto trader Ali Martinez tells his 158,700 followers on X that the smart contract platform Solana (SOL) could explode all the way up to $520 if it has a weekly close over $260. “A weekly close above $260 could ignite a Solana SOL bull rally to $520.” Source: Ali Martinez/X However, according to the trader’s chart, an event like this wouldn’t happen until mid-2026 or 2027. Solana is trading for $230 at time of writing, a 1.9% rise during the last 24 hours. Moving on to XRP, the digital asset associated with the payments platform Ripple, Martinez says the token appears as if it’s about to break out of a triangle, looking to hit a price tag of $3.60 sometime near the end of October. “XRP looks set to bre...