AI altcoins could face steep drops, warns analyst.
Ali Martinez mapped bearish chart setups for Venice Token (VVV), OriginTrail (TRAC) and AI Rig Complex (ARC), calling the sector “in big trouble.”
• Venice Token shows a head‑and‑shoulders pattern.
Neckline near $21; a four‑hour close below would confirm reversal and could send VVV to $13 or $11.
CoinGecko lists VVV around $24, about 16% above the neckline, after a 30‑day decline of over 18% and sitting 29% below its September 21 all‑time high of $35, while still up roughly 1,500% from a year ago.
• OriginTrail trades inside a descending triangle with a floor near $0.38.
A four‑hour close under that floor could trigger a move to $0.26.
TRAC is currently around $0.36, daily volume $6.5 million, and down 9.5% in the past week.
• AI Rig Complex bounced from the bottom of its channel near $0.030 to the mid‑range around $0.060.
Rejection there could push ARC back to $0.014 or $0.0075.
ARC sits near $0.06, posted a 44.5% weekly gain, yet is down 14.5% over the past month.
Bitcoin hovered near $81,000 and the total crypto market cap slipped below $2.7 trillion.
Do you think these technical levels will hold, or could the AI altcoin sector stabilize soon?
#Crypto #AIAltcoins #TechnicalAnalysis #AltcoinMarket
Ali Martinez mapped bearish chart setups for Venice Token (VVV), OriginTrail (TRAC) and AI Rig Complex (ARC), calling the sector “in big trouble.”
• Venice Token shows a head‑and‑shoulders pattern.
Neckline near $21; a four‑hour close below would confirm reversal and could send VVV to $13 or $11.
CoinGecko lists VVV around $24, about 16% above the neckline, after a 30‑day decline of over 18% and sitting 29% below its September 21 all‑time high of $35, while still up roughly 1,500% from a year ago.
• OriginTrail trades inside a descending triangle with a floor near $0.38.
A four‑hour close under that floor could trigger a move to $0.26.
TRAC is currently around $0.36, daily volume $6.5 million, and down 9.5% in the past week.
• AI Rig Complex bounced from the bottom of its channel near $0.030 to the mid‑range around $0.060.
Rejection there could push ARC back to $0.014 or $0.0075.
ARC sits near $0.06, posted a 44.5% weekly gain, yet is down 14.5% over the past month.
Bitcoin hovered near $81,000 and the total crypto market cap slipped below $2.7 trillion.
Do you think these technical levels will hold, or could the AI altcoin sector stabilize soon?
#Crypto #AIAltcoins #TechnicalAnalysis #AltcoinMarket
