Cryptocurrency analyst Ali Martinez made a statement on his X social media account. in sharing Tom DeMark (TD) Sequential indicator XRP He stated that it gave a bullish signal for
The TD Sequential indicator aims to identify turning points in a market with a value of nine, indicating a possible trend reversal.
TD Sequential, XRP is showing a buy signal on the four-hour chart, which looks like it could trigger a rally to $0.63 or even $0.67!
Ali Martinez also does not neglect to take into account the activities of XRP whales. According to the analyst, whales are regaining strength and continue to accumulate wealth.
Koinfinans.com As we reported, although the XRP price has lost nearly 18% in value in the last 10 days, whale activity continues to increase. The increasing interest of whales is interpreted as a positive signal for the price.
Completing his predictions with the peer-to-peer payment network Litecoin, Martinez underlined that the altcoin broke a new record in terms of the number of transactions. This can be interpreted as a positive signal for the altcoin.
Litecoin reached an all-time high by recording one million LTC transactions on November 14 alone.