Recent momentum indicators have reversed the strength of XRP, Solana (SOL) and two other altcoins, according to a popular cryptocurrency analyst.
Ali Martinez told his 101,300 followers on social media platform
Traders use the TD Sequential indicator to predict a potential trend reversal in a token based on the closing prices of the previous 13 bars or candles.
XRP is trading at $2.28 at the time of this writing. The fourth-largest cryptocurrency asset by market capitalization is down nearly 4% in the last 24 hours.
SOL is trading at $195.59 at the time of this writing. The Ethereum (ETH) rival and sixth-largest cryptocurrency asset by market capitalization has fallen more than 5% over the past day.
Maker is a decentralized finance (DeFi) protocol and stablecoin issuer. The project’s native token, MKR, is trading at $1,656 at the time of this writing. The 87th-largest cryptocurrency asset by market capitalization fell more than 1.5% in the past 24 hours.
Worldcoin, OpenAI CEO Sam Altman’s controversial cryptocurrency project that uses eye scanning technology to create an identity verification network, rebranded as World Network in October It is done. The project’s native token, WLD, is trading at $2.23 at the time of this writing. The 73rd-largest cryptocurrency asset by market capitalization has fallen nearly 10% over the past day.
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