Analyst and trader Ali Martinez, with a following of 85,900 on the social media platform X, predicts a bullish trend for one large-cap crypto asset while sharing insights on Bitcoin (BTC) and two altcoins.

Martinez believes that BNB, the native token of the BNB Chain ecosystem, could experience a significant surge of 164% if it successfully breaks above a major resistance level.

“BNB could be on the verge of a breakout. I’m waiting for a weekly close above $662, which could potentially lead to a move to $1,630!”

Currently, BNB is trading at $617.

Moving on to Bitcoin, Martinez suggests that its current price action appears to be resembling the third halving cycle, with even the Relative Strength Index (RSI) showing a striking similarity.

“If this pattern holds true, BTC could reach $108,000, drop to $99,000, and then bounce back to $135,000!”

At the time of writing, Bitcoin is trading at $97,282.

Next is Shiba Inu (SHIB), the second-largest memecoin by market cap. Martinez believes that SHIB could increase by approximately 56% if it successfully surpasses a major resistance level.

“Shiba Inu is facing resistance at $0.000025, with 40,000 addresses having bought 54.6 trillion SHIB at this level. If SHIB manages to sustainably break through this supply barrier, it could reach $0.000039.”

Currently, Shiba Inu is trading at $0.0000252.

Lastly, Martinez discusses the native token of the layer-1 blockchain Polkadot (DOT). He suggests that Polkadot could increase by around 86% from its current level if the current momentum continues.

“Polkadot is progressing as planned! The next target is $11!”

At the time of writing, Polkadot is trading at $5.92.

Please note that the opinions expressed by Ali Martinez are not investment advice, and investors should conduct their own research before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Transfers and trades are done at your own risk, and any losses incurred are your responsibility. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, nor is it an investment advisor.