A well-known cryptocurrency strategist believes that two lesser-known altcoins are preparing for significant increases in value that most traders are unaware of.

Analyst Ali Martinez, who has a following of 78,600 on the social media platform X, expresses optimism about the native asset of the peer-to-peer file storage network Filecoin (FIL).

According to Martinez, FIL appears to be on the verge of a rally towards its highest price range after respecting its long-term support. He also believes that FIL could experience exponential surges if it manages to surpass a critical resistance level.

“Although I missed the opportunity to enter at $2.94, I still have a positive outlook on Filecoin FIL at its current level. The lower boundary has remained strong for nearly two years, which positions us for a potential rebound to $9.50, resulting in a gain of 145%. If we witness a breakout above the upper boundary ($9.50), FIL could reach $30, representing an upside of approximately 700% from its current price.”

(Source: Ali Martinez/X)

At the time of writing, FIL is valued at $4.32, indicating a growth of more than 7% in the past day.

The trader is also monitoring NOT, the community token for the popular Telegram-based tap-to-earn mining game Notcoin. Martinez expresses positivity towards NOT after the altcoin broke through the diagonal resistance of a falling wedge structure, which is a bullish reversal pattern.

“Notcoin NOT has broken out of the falling wedge, and its price is projected to increase by 76% to $0.012!”

(Source: Ali Martinez/X)

At the time of writing, NOT is valued at $0.0076.

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