TL;DR
Ripple’s native token has suffered quite a bit following its all-time high last month, but the number of indicators suggesting that the price is about to explode continues to grow.
The asset also closed bullish against BTC yesterday, which could be another catalyst for future gains, especially if bitcoin’s dominance continues to decline.
XRPUSD. Source: TradingView
In our article from yesterday, we reported that the TD Sequential metric, which showcases whether a market move has reached a point of exhaustion in either direction and is ready for a reversal, had painted a buy signal. The indicator previously nailed XRP’s top, which came in mid-July when it exploded to a new ATH of $3.65.
Today’s good news for the XRP Army comes from the same metric, but on a lower timeframe. Ali Martinez, who often bases his analysis on the TD Sequential, noted this time that the hourly chart has presented a buy signal as well.
$XRP looks ready to rebound as the TD Sequential prints a bu
We współpracy z: https://cryptopotato.com/xrp-army-on-alert-as-another-key-indicator-flashes-green/