A momentum indicator just lately flipped bullish for XRP, Solana (SOL) and two different altcoins, based on a well-liked crypto analyst.
Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator offered purchase indicators on the four-hour charts for XRP, SOL, Maker (MKR) and World Community (WLD).
Merchants use the TD Sequential Indicator to foretell potential development reversals for tokens primarily based on the closing costs of their 13 earlier bars or candles.
XRP is buying and selling at $2.28 at time of writing. The 4th-ranked crypto asset by market cap is down almost 4% prior to now 24 hours.
SOL is buying and selling at $195.59 at time of writing. The Ethereum (ETH) competitor and Sixth-ranked crypto asset by market cap is down greater than 5% prior to now day.
Maker is a decentralized finance (DeFi) protocol and stablecoin issuer. The undertaking’s native token, MKR, is buying and selling at $1,656 at time of writing. The 87th-ranked crypto asset by market cap is down greater than 1.5% prior to now 24 hours.
Worldcoin, OpenAI CEO Sam Altman’s controversial cryptocurrency undertaking that makes use of eye-scanning expertise to create an id community, rebranded to World Community in October. The undertaking’s native token, WLD, is buying and selling at $2.23 at time of writing. The 73rd-ranked crypto asset by market cap is down nearly 10% prior to now day.
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