Crypto analyst Ali Martinez has suggested that an altcoin, active in the real-world assets (RWA ($0.05)) sector, may show an upward trend. According to the information shared with his approximately 118,700 followers on social media platform X, the Ondo Finance (ONDO) project has broken a bullish flag.
Bullish Flag Formation
The bullish flag is generally viewed as a bullish formation, indicating that an asset undergoes consolidation before a new rally. Martinez proposed that this formation suggests ONDO could rise to $3.40, representing a potential 141% increase.
Bitcoin and Market Trends
Martinez noted that historical trends related to Bitcoin (BTC ($105,004.77)) 
$104,874 halvings indicate a bear market might begin between May and October this year. There are concerns about how this event, which halves miner rewards, will impact the market.
Ali Martinez stated, “Last week, we observed crypto whales selling 180 million
