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Famous cryptocurrency analyst Ali Martinez made evaluations about Ripple (XRP) and VeChain (VET) in his latest analysis shared on X.
According to the analyst, the TD Sequential indicator has a successful track record in predicting the price movement of XRP on the 3-day chart. However, in his statement, Ali Martinez claimed that the TD Sequential indicator gave a bullish signal for XRP and argued that the altcoin may be preparing for a jump.
The TD Sequential indicator is known as a technical analysis tool designed to pinpoint the timing of a trend's exhaustion and potential price reversals.
The analyst also made evaluations about VeChain (VET). According to Martinez, the TD Sequential indicator started to show upward signs on VET's 1-day and 3-day charts.
In his analysis the day before, Martinez argued that Ethereum should maintain the $ 2,388 threshold. ETH price is trading at $2,328 today with the general decline in the cryptocurrency market. Martinez said that if the $2,388 level does not hold, $2,000 is the next strong support and predicted a decline to this region.
*This is not investment advice.