Analyst Claims This Level Must Be Overcome for 4 Dollars in XRP! "Correction Will Come First"

Renowned cryptocurrency analyst Ali Martinez shared his latest thoughts on XRP and Cardano in his statement. Please provide the text to be translated. According to Ali Martinez, the XRP price may be forming a bullish flag formation. However, the analyst said that the coin's TD Sequential indicator recently gave a bear signal on the 4-hour chart, so he thinks there may be a short correction before the XRP price rises above $2.46.

At the time of writing, XRP price is trading at $2.39. The coin had climbed up to $2.84 during the recent bull rally, but its all-time high record is at $3.34.

According to the analyst, after this correction, the XRP price can climb up to $4.

In addition, the analyst who commented on Cardano (ADA) reported that ADA whales have purchased more than 80 million coins in the last 48 hours.

ADA, which was trading at $1.13 at the time of writing this article, reached its all-time high price level of $3.1 three years ago.

XRP-1.89%
ALI-3.55%
ADA-4.23%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)