Analytics

Veteran Cryptocurrency Analyst Ali Martinez Evaluates Ripple (XRP) and VeChain (VET) – What Could Happen with the Price

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.

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