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 The U.S. Securities and Exchange Commission (<a href="https://en.coin-turk.com/what-is-bittorrent-token-btt/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SEC</a>) has been the talk of the town since it classified the <a href="https://en.coin-turk.com/charles-hoskinson-warns-ai-could-boost-crypto-fraud/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Blockchain</a> company associated with <a href="https://en.coin-turk.com/ripples-new-partnership-with-colombias-central-bank-signals-growth/" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a> as a security at the end of 2020. Now, one of the frequently used technical analysis tools by investors, TD Sequential, has signaled a strong uptrend for XRP. 
 <h2 style="text-align: justify" id="strong-0-45-must-be-protected-for-uptrend-strong">$0.45 Must Be Protected for Uptrend</h2> 
 According to well-followed crypto analyst Ali Martinez, TD Sequential indicated a buy signal in XRP’s three-day chart. This potentially means a bullish signal for the leading altcoin, however, to maintain a potential uptrend, XRP must stay above a certain price point. 
 <img decoding="async" class="aligncenter size-full wp-image-236200" src="https://coin-turk.com/wp-content/uploads/2023/07/Ripple-XRP-Coin-scaled.jpeg" alt="" width="2560" height="1441"> 
 TD Sequential is a technical analysis tool used by investors to identify potential trend terminations and trend reversals. It involves a series of price calculations based on past data and time series to predict whether a commodity’s price will continue or reverse its current trend. 
 A buy signal in this indicator suggests a possible reversal from a downtrend to an uptrend. However, like all trading indicators, this indicator is not flawless and should be used in conjunction with other tools for a comprehensive trading strategy. 
 Martinez stressed that XRP must hold above $0.45 for the predicted uptrend to happen. If this continues, the altcoin price could rise up to $0.51. More importantly, a breakthrough exceeding the resistance level at $0.51 could push the price to $0.60. 
 <h2 style="text-align: justify" id="strong-latest-on-xrp-strong">Latest on XRP</h2> 
 At the time of writing, XRP, trading at $0.4769, is signaling the possibility of a bullish trend by staying above $0.45. According to data provided by CoinMarketCap, XRP, with a market value of about $25.08 billion, ranks 6th among the largest cryptocurrencies in terms of market value. 
 On the other hand, the altcoin‘s 24-hour trading volume is hovering at a quite high level of $830 million, indicating high investor interest in the asset. 
 The post <a rel="noopener noreferrer nofollow" href="https://en.coin-turk.com/xrp-points-to-a-strong-uptrend-technical-indicator-reveals/" data-wpel-link="internal">XRP Points to a Strong Uptrend, Technical Indicator Reveals</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.
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XRP Points to a Strong Uptrend, Technical Indicator Reveals

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