Altcoin Built on Base Layer-2 Blockchain Could Explode by 340% if This Happens, According to Crypto Trader

Ali Martinez, a cryptocurrency analyst and trader, is drawing attention to a memecoin that is showing a bullish signal.

Martinez informed his 67,300 followers on X that Brett (BRETT), a memecoin developed on the Ethereum (ETH) scaling solution Base, seems to be forming a bull flag on the daily chart.

If Brett manages to surpass the $0.15 resistance zone, Martinez believes it could surge to $0.63, marking a 357% increase from the current price.

At the time of writing, Brett is trading at $0.138.

Additionally, Martinez shared insights on Solana (SOL). According to him, Solana is forming a W-shaped pattern on the 12-hour chart, indicating a potential uptrend.

He mentioned that Solana could experience a 9% increase from its current level.

As of now, Solana is priced at $160.

Martinez also predicted potential bullish movements for Solana that could trigger massive liquidations on bearish positions.

“$2.98 billion in short positions will be liquidated if Solana surges to $176!”

Turning to Bitcoin (BTC), Martinez suggested that for BTC to break above the record high of $73,800, it must first revisit a price level recorded about a month ago.

“Bitcoin must maintain levels above $62,500 to sustain its bullish momentum and surpass $66,250 for new all-time highs!”