According to a crypto-strategist who is well known, XRP has the same positive signal that it gave late last year prior to a surge.
Ali Martinez, an analyst on social media platform X, tells 110.100 of his followers that XRP could be gearing for a new upswing based on SuperTrend.
SuperTrend is a tool for technical analysis that helps identify entry and exit levels based on the trend of an asset.
Says Martinez,
The last time that the SuperTrend indicator flipped to the bullish side on the 12-hour graph, XRP rose 470 Just now it flipped back.
XRP currently trades for $2.28 at the time this article was written.
The trader believes that Cardano is poised to make a major rally following a break out of a bullish pattern.
At the time this article was written, ADA is valued at $0.99.
The top memecoin Dogecoin is next, which is said to be being snatched up by investors with deep pockets.
“Whales purchased 140,000,000 Dogecoin DOGE within [24 hours]!”
Martinez notes also that Dogecoin is currently under pressure from traders, indicating that it may have been set up to be a meme token that goes against the masses.
This might be a good time to be a contrarian! It might be the right time to become a contrarian !”
DOGE currently trades at $0.35.
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Image generated: midjourney
As new information becomes available, this post XRP flashing bullish signal that triggered 470% upside burst previously may be updated.
