Crypto trader and analyst Ali Martinez is predicting a triple-digit rally for XRP while providing insight on two other altcoins.
Martinez told his 113,700 followers on social media platform X that XRP could surge 200% from current levels.
Citing on-chain data, the trader says the third-largest cryptocurrency asset by market capitalization is currently experiencing heavy demand.
“On-chain data shows that whales have been accumulating a lot of XRP. Over 1.1 billion XRP were purchased last week alone. This buying pressure is building momentum. XRP broke out of its typical bullish pattern, the bull pennant. “If buying pressure continues, it could help push XRP towards $10.”
XRP is trading at $3.33 at the time of this writing, a few cents below its peak of $3.40 seven years ago.
Next is Solana (SOL). According to the cryptocurrency trader, the Tom DeMark (TD) Sequential Indicator, a tool used to identify potential points of trend reversal, is flashing bullish signals for Solana on the daily time frame. Martinez said Solana could rise as high as $220.
Solana is trading at $206 at the time of this writing.
Next is PEPE. According to Martinez, the TD Sequential indicator on the daily timeframe suggests Pepe could rise about 17% from current levels.
“TD Sequential puts a buy signal on the PEPE daily chart and expects a bounce to $0.000021!”
Pepe is trading at $0.000018 at the time of this writing.
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