{"id":665184,"date":"2024-12-20T09:30:06","date_gmt":"2024-12-20T09:30:06","guid":{"rendered":"https:\/\/uniquehot.com\/?p=665184"},"modified":"2024-12-20T04:58:12","modified_gmt":"2024-12-20T04:58:12","slug":"xrp-solana-altcoins-td-buy-signal-analyst-reveals","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/xrp-news\/xrp-solana-altcoins-td-buy-signal-analyst-reveals\/","title":{"rendered":"XRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals"},"content":{"rendered":"

An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices.<\/p>\n

Four Altcoins Are Seeing A Buy Signal On The TD Sequential<\/h2>\n

In a new post<\/a> on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts. The “TD Sequential<\/a>” is an indicator from technical analysis (TA)<\/a> used to locate probable turnaround points in a given asset’s price.<\/p>\n

Related Reading: Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day<\/a><\/div>\n

The indicator involves two phases: the setup and countdown. During the first of these the setup, candles of the same color are counted up to nine. The nine candles don’t have to be consecutive.<\/p>\n

Once the counter hits nine, the setup is said to be complete, and the price could be assumed to have reached a reversal location. If the candles leading up to the setup’s completion were green, the TD Sequential would imply a top for the asset. Similarly, if they were red, the indicator would suggest a change of direction to the upside.<\/p>\n

The second phase, the countdown, begins as soon as the setup is over. This phase of the indicator works in the same manner, save for the fact that candles are meant to be counted up to thirteen instead this time. After the thirteen candles of the same polarity, another potential top or bottom could be considered to have been reached by the asset.<\/p>\n

Now, here are the charts shared by Martinez that show the completion of the TD Sequential phase of the first type for four altcoins: XRP (XRP), Solana (SOL), Maker (MKR), and Worldcoin (WLD).<\/p>\n

\"XRP
Looks like all of these assets have formed the signal after red candles | Source: @ali_charts on X<\/a><\/figcaption><\/figure>\n

As is visible in the above graph, the four-hour prices of XRP, Solana, Maker, and Worldcoin have all completed a TD Sequential setup with nine red candles. This naturally means the indicator gives a buy signal for these altcoins.<\/p>\n

The pattern has taken shape as assets across the cryptocurrency sector have crashed following the US Federal Reserve<\/a> taking a cautious approach towards further interest rate cuts.<\/p>\n

Related Reading: Ethereum On-Chain Demand Should Sustain ETH Above $4,000, IntoTheBlock Says<\/a><\/div>\n

If the TD Sequential is anything to go by, at least XRP and the other altcoins may be set to see some renewal of bullish momentum shortly.<\/p>\n

XRP Price<\/h2>\n

XRP slipped as low as under $2.18 during the crash earlier in the past day, but the coin appears to have seen a small rebound since then, as its price is now trading around the $2.31 mark.<\/p>\n

Below is a chart that shows how the asset’s performance has looked over the last few days.<\/p>\n

\"XRP
The price of the coin seems to have plummeted over the last couple of days | Source: XRPUSDT on TradingView<\/a><\/figcaption><\/figure>\n
Featured image from Dall-E, charts from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts. The “TD Sequential” is an indicator from technical analysis (TA) used to locate probable turnaround points in a given asset’s price. Related Reading: Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day The indicator involves two phases: the setup and countdown. During the first of these the setup, candles of the same color are counted up to nine. The nine candles don’t have to be consecutive. Once the counter hits nine, the setup is said to be complete, and the price could be assumed to have reached a reversal location. If the candles leading up to the setup’s completion were green, the TD Sequential would imply a top for the asset. Similarly, if they were red, the indicator would suggest a change of direction to the upside. The second phase, the countdown, begins as soon as the setup is over. This phase of the indicator works in the same manner, save for the fact that candles are meant to be counted up to thirteen instead this time. After the thirteen candles of the same polarity, another potential top or bottom could be considered to have been reached by the asset. Now, here are the charts shared by Martinez that show the completion of the TD Sequential phase of the first type for four altcoins: XRP (XRP), Solana (SOL), Maker (MKR), and Worldcoin (WLD). As is visible in the above graph, the four-hour prices of XRP, Solana, Maker, and Worldcoin have all completed a TD Sequential setup with nine red candles. This naturally means the indicator gives a buy signal for these altcoins. The pattern has taken shape as assets across the cryptocurrency sector have crashed following the US Federal Reserve taking a cautious approach towards further interest rate cuts. Related Reading: Ethereum On-Chain Demand Should Sustain ETH Above $4,000, IntoTheBlock Says If the TD Sequential is anything to go by, at least XRP and the other altcoins may be set to see some renewal of bullish momentum shortly. XRP Price XRP slipped as low as under $2.18 during the crash earlier in the past day, but the coin appears to have seen a small rebound since then, as its price is now trading around the $2.31 mark. Below is a chart that shows how the asset’s performance has looked over the last few days. Featured image from Dall-E, charts from TradingView.com<\/p>\n","protected":false},"author":542,"featured_media":665203,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89561],"tags":[142,12837,83626,93732,92793,4531,91281,91280,78763],"class_list":["post-665184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-altcoins","tag-sol","tag-solana","tag-solana-buy","tag-solana-td-sequential","tag-xrp","tag-xrp-buy","tag-xrp-td-sequential","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals<\/title>\n<meta name=\"description\" content=\"An analyst has pointed out how XRP and Solana are among the altcoins that have observed a TD Sequential buy signal on their 4-hour prices.\" \/>\n<meta name=\"robots\" content=\"index, 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Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/uniquehot.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals","url":"http:\/\/uniquehot.com\/xrp-news\/xrp-solana-altcoins-td-buy-signal-analyst-reveals\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/xrp-news\/xrp-solana-altcoins-td-buy-signal-analyst-reveals\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/xrp_2feb7b.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/xrp_2feb7b.png?fit=1792%2C1024"},"articleSection":"XRP News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","sol","solana","solana buy","solana td sequential","xrp","xrp buy","xrp td sequential","xrpusdt"],"dateCreated":"2024-12-20T09:30:06Z","datePublished":"2024-12-20T09:30:06Z","dateModified":"2024-12-20T09:30:06Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/xrp-news\\\/xrp-solana-altcoins-td-buy-signal-analyst-reveals\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/xrp-news\\\/xrp-solana-altcoins-td-buy-signal-analyst-reveals\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/xrp_2feb7b.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/xrp_2feb7b.png?fit=1792%2C1024\"},\"articleSection\":\"XRP News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"sol\",\"solana\",\"solana buy\",\"solana td sequential\",\"xrp\",\"xrp buy\",\"xrp td sequential\",\"xrpusdt\"],\"dateCreated\":\"2024-12-20T09:30:06Z\",\"datePublished\":\"2024-12-20T09:30:06Z\",\"dateModified\":\"2024-12-20T09:30:06Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/12\/xrp_2feb7b.png?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/665184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=665184"}],"version-history":[{"count":5,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/665184\/revisions"}],"predecessor-version":[{"id":665436,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/665184\/revisions\/665436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/665203"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=665184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=665184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=665184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}