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Coin-turk.com 2023-07-11 20:01:51

XRP Points to a Strong Uptrend, Technical Indicator Reveals

The U.S. Securities and Exchange Commission (SEC) has been the talk of the town since it classified the Blockchain company associated with XRP as a security at the end of 2020. Now, one of the frequently used technical analysis tools by investors, TD Sequential, has signaled a strong uptrend for XRP. $0.45 Must Be Protected for Uptrend According to well-followed crypto analyst Ali Martinez, TD Sequential indicated a buy signal in XRP’s three-day chart. This potentially means a bullish signal for the leading altcoin, however, to maintain a potential uptrend, XRP must stay above a certain price point. TD Sequential is a technical analysis tool used by investors to identify potential trend terminations and trend reversals. It involves a series of price calculations based on past data and time series to predict whether a commodity’s price will continue or reverse its current trend. A buy signal in this indicator suggests […] The post XRP Points to a Strong Uptrend, Technical Indicator Reveals appeared first on COINTURK NEWS.
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