Analyst Sets Downside Targets for 3 AI-Related Altcoins

Both VVV and TRAC need a 4-hour close below support to confirm the bearish read, while ARC needs a daily close below its price channel. Analyst Ali Martinez has laid out bearish chart setups for the AI altcoins Venice Token (VVV), OriginTrail (TRAC), and AI Rig Complex (ARC) in an X thread, calling the sector “in big trouble.” According to him, the group is losing steam, and he pointed to the price levels that could set off the next sell-off, with each token sitting near a line whose loss could open a much deeper decline. Where Each Chart Could Break For Venice Token, Martinez described what appears to be a head-and-shoulders pattern, three peaks with the middle one highest, which traders often read as an uptrend running out of room. Its neckline, the line joining the dips between the peaks, sits near $21. A four-hour close below it, meaning a four-hour candle finishing under that line, would confirm the bearish reversal and could send VVV to $13 or even $11. TRAC appears to be trading inside a descending triangle, a shape where falling highs press down on a flat floor, here near $0.38. A four-hour close below that floor could trigger a deeper retracement to $0.26. ARC has a differ...