Crypto Analyst Says On-Chain Indicator Flashing Bullish Signals for XRP, Solana and Two Other Altcoins
A momentum indicator recently flipped bullish for XRP , Solana ( SOL ) and two other altcoins, according to a popular crypto analyst.
Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented buy signals on the four-hour charts for XRP, SOL, Maker ( MKR ) and World Network ( WLD ).
Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles.
XRP is trading at $2.28 at time of writing. The 4th-ranked crypto asset by market cap is down nearly 4% in the past 24 hours.
Source: Ali Martinez/X
SOL is trading at $195.59 at time of writing. The Ethereum ( ETH ) competitor and 6th-ranked crypto asset by market cap is down more than 5% in the past day.
Maker is a decentralized finance (DeFi) protocol and stablecoin issuer. The project’s native token, MKR, is trading at $1,656 at time of writing. The 87th-ranked crypto asset by market cap is down more than 1.5% in the past 24 hours.
Worldcoin, OpenAI CEO Sam Altman’s controversial cryptocurrency project that uses eye-scanning technology to create an identity network, rebranded to World Network in October. The project’s native token, WLD, is trading at $2.23 at time of writing. The 73rd-ranked crypto asset by market cap is down almost 10% in the past day.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Who decides the fate of 210 billions euros in frozen Russian assets? German Chancellor urgently flies to Brussels to lobby Belgium
In order to push forward the plan of using frozen Russian assets to aid Ukraine, the German Chancellor even postponed his visit to Norway and rushed to Brussels to have a working meal with the Belgian Prime Minister, all in an effort to remove the biggest "obstacle."
The "Five Tigers Competition" concludes successfully | JST, SUN, and NFT emerge as champions! SUN.io takes over as the new driving force in the ecosystem
JST, SUN, and NFT are leading the way, sparking increased trading and community activity, which is driving significant capital inflows into the ecosystem. Ultimately, the one-stop platform SUN.io is capturing and converting these flows into long-term growth momentum.
The End of Ethereum's Isolation: How EIL Reconstructs Fragmented L2s into a "Supercomputer"?
EIL is the latest answer provided by the Ethereum account abstraction team and is also the core of the "acceleration" phase in the interoperability roadmap.
Trending news
MoreCrypto prices
More
