Cryptocurrency analyst Ali Martinez has identified a bullish TD Sequential signal on XRP’s 4-hour chart, suggesting an imminent price rebound. The technical indicator flashed after nine consecutive red candles, indicating potential trend exhaustion. Similar signals have also appeared for Chainlink, hinting at broader altcoin momentum as XRP shows a 9% weekly gain while trading around $2.45.
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Bitcoin Faces 63% Drop as TD Sequential Flashes Sell Signal
Crypto trader Ali Martinez has issued a stark warning that Bitcoin (BTC) may face a severe correction, potentially dropping over 63% from its current level of $107,850. The alert stems from the TD Sequential indicator, a technical analysis tool that has accurately predicted past Bitcoin crashes, including the 75% drop in 2015 and the 85% plunge in 2018. Martinez also highlights declining whale activity, with large Bitcoin transactions (>$100k) falling 45% between May and June, alongside a sharp 36,988 BTC drop in 30-day buyer demand. If history repeats, Bitcoin could fall below $40,000, signaling a critical moment for crypto investors.
read moreBitcoin Dominance Peaks as Altcoin Season Looms
Raoul Pal, a prominent trader and Real Vision founder, indicated that Bitcoin’s dominance in the crypto market may have reached its peak this cycle, citing DeMark Indicators’ signals across daily, weekly, and monthly charts. Bitcoin’s dominance currently stands at 65%, still below its 2021 and 2017 highs, suggesting a weakening trend. Pal predicts a shift toward altcoins, referencing his ‘Banana Zone’ theory, where phase two—’Banana Singularity’—could see altcoins outperforming Bitcoin as investors chase higher returns. The TOTAL2 index, tracking altcoins, has dropped 20% this year, but Pal believes capital rotation into altcoins is imminent, mirroring past bull runs.
read moreSolana Rival SUI Poised for Major Breakout, Analysts Say
Raoul Pal highlights that Sui (SUI) is showing bullish signals on the TD Sequential Indicator, indicating a potential trend reversal. Analysts like Cheds and Michaël van de Poppe note SUI’s strong technical setup and growing adoption in DeFi, including Bitcoin staking (BTCFi). VanEck forecasts a 358% surge for SUI, projecting it could hit $10 in the current cycle. Trading at $2.18, SUI has already gained 4% in 24 hours, with experts pointing to its resilience and strong fundamentals as key drivers for future growth.
read moreTechnical Indicator Signals Potential Pullback for Maker MKR Altcoin
A technical analysis indicates that Maker (MKR) may be due for a pullback, as the Tom DeMark Sequential indicator has flashed a bearish signal on its 12-hour chart. Currently trading at $1,441, MKR has seen a nearly 1.5% decline in the past 24 hours but is up 45% over the last week.In related news, crypto whales have been actively accumulating Ethereum (ETH) and XRP, purchasing 140,000 ETH and over 20 million XRP in the last 24 hours. Sonic (S), formerly known as Fantom, is also under observation as it appears to be entering a new market phase.
read moreEthereum Withdrawals Surge as Investors Accumulate Nearly One Million Tokens
Investors have withdrawn nearly 1 million Ethereum (ETH) from exchanges in just over a week, totaling over $2.457 billion, indicating strong accumulation and reduced sell pressure. Additionally, ETH whales purchased $764.68 million worth of Ethereum in three days, while technical indicators suggest a potential bullish reversal as prices hover near key support levels.
read moreAnalyst Predicts Dogecoin Surge and Updates on Cardano and Chainlink
A prominent crypto analyst suggests that Dogecoin (DOGE) could soar to $15, representing a 4,149% increase, if Delaware’s proposal for a DOGE-based ETF succeeds. Meanwhile, Cardano (ADA) and Chainlink (LINK) are showing buy signals on the TD Sequential indicator, indicating potential price rebounds.
read moreDogecoin Price Surge Anticipated as Whales Increase Holdings
Crypto analyst Ali Martinez predicts a potential price surge for Dogecoin as large investors, or whales, have accumulated over 90 million DOGE in just two days. This bullish sentiment is supported by the Tom DeMark Sequential Indicator, suggesting a trend reversal. Despite a slight dip in DOGE’s price to $0.314, the growing confidence among whales could influence broader investor behavior in the volatile crypto market.
read moreDogecoin Shows Potential for Price Rebound as Whales Accumulate DOGE
A popular analyst indicates that Dogecoin (DOGE) may be set for a price rebound, as the Tom DeMark Sequential Indicator shows a bullish signal on its four-hour chart. Additionally, over 90 million DOGE have been purchased by whales in the last two days, with DOGE currently trading at $0.314. Meanwhile, concerns arise for Bitcoin (BTC) if it falls below $92,730, with potential support around $69,000, although a 20-30% correction could ultimately be beneficial for BTC’s long-term outlook.
read moreEthereum Shows Potential Rebound Signal as Bitcoin Tests Key Support Level
Ethereum (ETH) is showing signs of a potential rebound, with the Tom DeMark Sequential Indicator signaling a bullish trend on its four-hour chart. For this momentum to sustain, ETH must remain above the $2,480 support level, currently trading at $2,516.Meanwhile, Bitcoin (BTC) is testing the $69,000 support zone, with expectations of a rise to $78,000 if this level holds. BTC is trading at $69,601, down nearly 1% in the past day but up over 4.5% in the last week.
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