Ethereum

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 A closely followed crypto strategist says XRP and one additional altcoin are giving off a bullish reading that could lead to a move to the upside.
 Pseudonymous analyst Ali Martinez tells his 47,900 followers on the social media platform X that XRP looks bullish based on the Tom DeMark (TD) Sequential indicator.
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 The TD Sequential indicator is typically used to identify trend direction and potential price reversals.
 Says Martinez,
 “The TD Sequential indicator has issued a buy signal on the XRP weekly chart, indicating potential bullish momentum. If XRP manages a sustained weekly close above $0.57, it could be the catalyst for a push toward $0.63 or even higher, reaching $0.65.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHNZcjxXkAAtUVu?format=jpg&amp;name=4096x4096" alt="Image" width="2255" height="1517">
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 Source: Ali Martinez/X
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 At time of writing, XRP is worth $0.55.
 Another altcoin that’s flashing a bullish signal based on the TD Sequential indicator is the Ethereum (ETH) rival Solana (SOL), according to Martinez.
 “The TD Sequential indicator presents a buy signal on the Solana daily chart, suggesting a potential upswing that could span one to four daily candlesticks for SOL.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHHl0XMWcAArzuo?format=jpg&amp;name=4096x4096" alt="Image" width="2255" height="1518">
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 Source: Ali Martinez/X
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 At time of writing, SOL is worth $110.58, up over 7% in the past day.
 As for Bitcoin (BTC), Martinez says the crypto king may be en route to rallying above $60,000 after breaking out of a bullish megaphone pattern.
 “Bitcoin shows a megaphone pattern on its daily chart. If BTC maintains its position above $50,000, achieving a sustained close above $53,000 could be the catalyst for a rally toward $60,520!”
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHQ1jHKW4AAqS6B?format=jpg&amp;name=4096x4096" alt="Image" width="2255" height="1518">
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 Source: Ali Martinez/X
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 At time of writing, Bitcoin is trading at $56,359, up over 9% in the past day.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/analyst-says-xrp-and-one-ethereum-rival-flashing-bullish-signal-updates-outlook-on-bitcoin-btc-tbt80989.html">https://thebittimes.com/analyst-says-xrp-and-one-ethereum-rival-flashing-bullish-signal-updates-outlook-on-bitcoin-btc-tbt80989.html</a>

Analyst Says XRP and One Ethereum Rival Flashing Bullish Signal, Updates Outlook on Bitcoin (BTC)

TheBitTimes

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