Cryptocurrency trader and analyst Ali Martinez predicts a triple-digit rally for XRP as he opines on two other altcoins.
Martinez tells his 113,700 followers on social media platform X that XRP could skyrocket 200% from current levels.
Citing on-chain data, the trader claims that the third-largest crypto asset by market capitalization is currently seeing strong demand.
“On-chain data reveals that whales have accumulated a huge amount of XRP. In the last week alone, they purchased over 1.10 billion XRP. This purchasing pressure is gaining momentum. XRP broke out of a bullish pennant, a classic bullish pattern. If buying pressure persists, this could help propel XRP to $10.
XRP is trading at $3.33 at the time of writing, a few cents lower than the all-time high of $3.40 reached seven years ago.
Next up is Solana (SOL). According to the crypto trader, the Tom DeMark Sequential Indicator (TD), a tool used to identify potential points of a trend reversal, is sending a bullish signal for Solana on the daily time frame. Martinez says Solana could earn up to $220.
Solana is trading at $206 at the time of writing.
Next is Pepe (PEPE). According to Martinez, the TD Sequential indicator on the daily time frame suggests that Pepe could bounce around 17% from the current level.
“TD Sequential is showing a buy signal on the PEPE daily chart, anticipating a rebound to $0.000021!
Pepe is trading at $0.000018 at the time of writing.
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