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Crypto Analyst Says On-Chain Indicator Flashing Bullish Signals for XRP, Solana and Two Other Altcoins – The Daily Hodl

21 December 2024
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A momentum indicator lately flipped bullish for XRP, Solana (SOL) and two different altcoins, in accordance with a preferred crypto analyst.

Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator introduced purchase alerts 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% previously 24 hours.

Supply: Ali Martinez/X

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% previously day.

Maker is a decentralized finance (DeFi) protocol and stablecoin issuer. The venture’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% previously 24 hours.

Worldcoin, OpenAI CEO Sam Altman’s controversial cryptocurrency venture that makes use of eye-scanning expertise to create an id community, rebranded to World Community in October. The venture’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 virtually 10% previously day.

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Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses chances are you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in internet affiliate marketing.

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Tags: AltcoinsAnalystBullishCryptoDailyFlashingHodlIndicatoronchainSignalsSolanaXRP
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