Cryptocurrency

<div class="dailyhodl">
 <p>Cryptocurrency analyst and trader Ali Martinez says that one top-10 altcoin by market cap is flashing a bullish signal after a weeks-long downtrend.</p>
 <p>Martinez tells his 43,600 followers on the X social media platform that XRP is “poised for an upswing” that could last “one to four weeks” based on the Tom Demark (TD) Sequential indicator.</p>
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 <p>The TD Sequential indicator is typically used to identify trend direction and potential price reversals.</p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GFpcc72XAAAPzXF?format=jpg&amp;name=small" alt="" width="1063" height="499">
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   Source: Ali Martinez/X
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 <p>XRP, the sixth-largest crypto asset by market cap, is trading at $0.503 at time of writing, a 22.8% decrease from its 30-day high of $0.618 set on January 11th.</p>
 <p>Next up is the native token of the smart contract blockchain Tron (TRX). Martinez says that the TD Sequential indicator is flashing a bearish signal on Tron.</p>
 <p><i>“The TD Sequential indicator is signaling a sell on the TRX 3-day chart, indicating that TRX could be heading towards a correction phase that might last from three to twelve days. </i></p>
 <p><i>This bearish outlook is reinforced by a divergence between the TRON price and the Relative Strength Index (RSI), suggesting weakening momentum and potential downward movement in the near term.”</i></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GFqHXnEWUAA2iWZ?format=jpg&amp;name=small" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Ali Martinez/X
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 <p>The RSI is a momentum indicator used to determine potential oversold or overbought conditions.</p>
 <p>Tron is trading at $0.125 at time of writing, a fractional gain on the day.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-analyst-predicts-surge-for-one-top-10-altcoin-lasting-up-to-four-weeks-updates-outlook-on-tron-trx-tbt79276.html">https://thebittimes.com/crypto-analyst-predicts-surge-for-one-top-10-altcoin-lasting-up-to-four-weeks-updates-outlook-on-tron-trx-tbt79276.html</a></p>

Crypto Analyst Predicts Surge for One Top-10 Altcoin Lasting up to Four Weeks, Updates Outlook on Tron (TRX)

TheBitTimes

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