TD Sequential Buy Signal Points to Bitcoin and Ripple Price Rebound
Analyst Ali Martinez has identified a TD Sequential buy signal on Bitcoin (BTC) and Ripple's XRP, predicting a potential price rebound within 3 to 9 days. The indicator, developed by Tom DeMark, has a notable track record across multiple cryptocurrencies. According to Martinez, the TD Sequential 'perfectly timed' a local top for XRP in the past, and could now be signaling another rapid reversal.
The TD Sequential buy signal on BTC appeared as the price slipped back under $67,000 after previously trading above $90,000 on January 28. The price had bottomed out at $60,000 last Friday before briefly recovering to $72,000 on two separate occasions.
XRP also triggered a buy signal, but its price dropped by 3-4% shortly after. Martinez's track record with the TD Sequential gives added weight to his latest predictions for both BTC and XRP.