Cryptocurrency trader and analyst Ali Martinez predicts that XRP may soar 200% from its current levels, similar to his insights on two other altcoins.
Martinez informed his 113,700 followers on the social media platform X that XRP is currently experiencing significant demand, as indicated by on-chain data.
“On-chain data shows that whales have been accumulating XRP in large quantities. Just last week, they purchased over 1.1 billion XRP. This buying pressure is creating momentum. XRP has broken out of the bullish flag, which is a classic bullish pattern. If the buying pressure continues, it could help push XRP to $10.”
At the time of writing, XRP was trading at $3.33, just a few cents below its all-time high of $3.40 reached seven years ago.
Next is Solana (SOL). According to the TD Sequential indicator, which is used to identify potential trend reversal points for cryptocurrency traders, it has issued a bullish signal for Solana on the daily timeframe. Martinez stated that Solana could rise to as high as $220.
Source: Ali Martinez/X
At the time of writing, Solana was trading at $206.
Next is Pepe (PEPE). According to Martinez, the TD Sequential indicator on the daily timeframe suggests that Pepe could rise approximately 17% from its current levels.
“TD Sequential shows a buy signal on the PEPE daily chart, expecting a rebound to $0.000021!”
Source: Ali Martinez/X
At the time of writing, Pepe was trading at $0.000018.
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Generated image: Midjourney
