Crypto
TD Sequential Buy Signal Points To Bitcoin Rebound Within Days
Bitcoin and Ripple's XRP have both triggered a buy signal on the TD Sequential indicator, suggesting a potential price rebound within 3 to 9 days.
According to analyst Ali Martinez, who has frequently highlighted the TD Sequential's signals for various digital assets, this could be a turning point after weeks of sharp declines that pushed BTC below $67,000 and left XRP nursing fresh losses.
The TD Sequential is a technical indicator developed by Tom DeMark to identify potential market reversal points. Martinez notes that it has 'perfectly timed' the local top for XRP in the past and could now be signaling another rapid reversal.