2 Cryptos Analyst Ali Martinez is Keeping an Eye on Ahead of Altcoin Season

Jakarta, Pintu News – The latest altcoin seasonality chart on CoinMarketCap shows a score of 50/100, which means it is in the middle. This suggests that the market is in a state that could go either way, with most of it going in the altcoin direction.

Recently, AlphaBTC shared its views on X, highlighting that the EMA suggests Bitcoin (BTC) price could drop into five-digit territory. On the other hand, altcoins have experienced a huge surge in value, especially since Ethereum’s price hit an all-time high a few days ago.

So, which altcoins are the standouts this season? Renowned crypto analyst, Ali Charts, provides insight into two of them.

Toncoin (TON)

Reporting from Coingape (3/9/25), the price of Toncoin (TON) is currently trading around $3.12 with a market capitalization of more than $8.03 billion. However, in the past 24 hours, Toncoin has decreased by about 0.11%, indicating that the price is consolidating.

Read also: Analysts Say Shiba Inu is Eyeing 163% Upside, What’s the Reason?

Then, why did Ali Martinez choose Toncoin as one of the main assets to watch this altcoin season? This is because of the symmetrical triangle pattern formed. Ali stated that Toncoin could move up to 50% from the current pattern.

However, since the pattern formed is symmetrical, it is unclear if the momentum will move upwards or if investors need to prepare for a potential decline. Nonetheless, this pattern is interesting, and intraday traders should consider buying a little in anticipation of the next move.

At the time of writing, the price of TON is below its 50-day moving average (MA). If the crypto continues to trade below that level, investors should expect a 50% drop, especially since the RSI is starting to enter the oversold zone.

A move above the upper border of the triangle could push the price of TON towards a 50% increase from its current value. However, this requires a break of the $3.4 level, which currently serves as the strongest resistance for Toncoin.

In terms of the ecosystem, the only thing TON can hope for is an upcoming listing on Robinhood. This could be a major factor supporting its upside potential.

However, in terms of technicals, not much has happened yet. Nonetheless, Toncoin remains a good asset to diversify one’s portfolio.

Injective (INJ)

Another crypto that is a top pick of analysts is Injective (INJ). Currently, the price of Injective is trading above $12, with a market capitalization of over $1.27 billion.

Read also: Pi Network Tightens Supply with Mining Cuts, What’s Next?

Although the price of Injective has only spiked by 0.29% in the past 24 hours, the overall pattern has formed an ascending triangle, as highlighted by Ali Martinez.

This ascending triangle has created a bearish pattern. However, given that this pattern prepares the crypto to drop around the $8 level, for those looking to short INJ, this could be an opportunity.

On the other hand, it can also be a good opportunity to “buy on the dip” at a more opportune time.

When the price drops at $8, there are not many factors that can push the price up. However, the only thing worth noting right now is a rather mysterious tweet from X Injective’s official channel saying, “Big week ahead.”

Speculation arising from this tweet could give the token a boost in the next few days.

All in all, the arrival of altcoin season has opened up a wide range of possibilities. Citing Coingape’s report, Injective could soon make a big announcement and then the much talked about Toncoin listing has the community excited.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Popular Analyst Picks for the Upcoming Altseason. Accessed on September 3, 2025