{"id":255406,"date":"2024-02-28T02:53:30","date_gmt":"2024-02-27T21:23:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=255406"},"modified":"2024-02-28T02:53:30","modified_gmt":"2024-02-27T21:23:30","slug":"analyst-says-xrp-and-one-ethereum-rival-flashing-bullish-signal-updates-outlook-on-bitcoin-btc-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/analyst-says-xrp-and-one-ethereum-rival-flashing-bullish-signal-updates-outlook-on-bitcoin-btc-crypto-news\/","title":{"rendered":"Analyst Says XRP and One Ethereum Rival Flashing Bullish Signal, Updates Outlook on Bitcoin (BTC) &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A closely followed crypto strategist says <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/xrp\/\">XRP<\/a> and one additional altcoin are giving off a bullish reading that could lead to a move to the upside.<\/p>\n<p>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.<\/p>\n<p>The TD Sequential indicator is typically used to identify trend direction and potential price reversals.<\/p>\n<p>Says Martinez,<\/p>\n<p><em>\u201cThe 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.\u201d<\/em><\/p>\n<figure style=\"width: 2255px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1761850861548978350\">Ali Martinez\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, XRP is worth $0.55.<\/p>\n<p>Another altcoin that\u2019s flashing a bullish signal based on the TD Sequential indicator is the Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>) rival Solana (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\">SOL<\/a>), according to Martinez.<\/p>\n<p><em>\u201cThe 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.\u201d<\/em><\/p>\n<figure style=\"width: 2255px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GHHl0XMWcAArzuo?format=jpg&amp;name=4096x4096\" alt=\"Image\" width=\"2255\" height=\"1518\" \/><figcaption class=\"wp-caption-text\">Source:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1761442138267463798\"> Ali Martinez\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, SOL is worth $110.58, up over 7% in the past day.<\/p>\n<p>As for Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>), Martinez says the crypto king may be en route to rallying above $60,000 after breaking out of a bullish megaphone pattern.<\/p>\n<p><em>\u201cBitcoin 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!\u201d<\/em><\/p>\n<figure style=\"width: 2255px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/GHQ1jHKW4AAqS6B?format=jpg&amp;name=4096x4096\" alt=\"Image\" width=\"2255\" height=\"1518\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1762093248686837917\">Ali Martinez\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, Bitcoin is trading at $56,359, up over 9% in the past day.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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. The TD Sequential [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":255407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-255406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/255406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=255406"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/255406\/revisions"}],"predecessor-version":[{"id":255412,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/255406\/revisions\/255412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/255407"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=255406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=255406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=255406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}