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Crypto Trader Says One Catalyst Could Trigger XRP To Explode by 200%, Updates Outlook on Solana and Pepe

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
January 17, 2025
in Altcoins
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Crypto Trader Says One Catalyst Could Trigger XRP To Explode by 200%, Updates Outlook on Solana and Pepe
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Cryptocurrency dealer and analyst Ali Martinez is predicting a triple-digit rally for XRP as he affords his perception on two different altcoins.

Martinez tells his 113,700 followers on the social media platform X that XRP might skyrocket by 200% from the present degree.

Citing on-chain knowledge, the dealer says that the third-largest crypto asset by market cap is at present experiencing heavy demand.

“On-chain knowledge reveals that whales have been closely accumulating XRP. Within the final week alone, they’ve bought over 1.10 billion XRP. This shopping for stress is constructing momentum. XRP has damaged out of a bull pennant, a basic bullish sample. If the shopping for stress continues, it might assist propel XRP to $10.”

XRP is buying and selling at $3.33 at time of writing, just a few cents under the all-time excessive of $3.40 reached seven years in the past.

Subsequent up is Solana (SOL). According to the crypto dealer, the Tom DeMark (TD) Sequential indicator, a software used to determine potential factors of a pattern reversal, is flashing a bullish sign for Solana on the day by day timeframe. Martinez says Solana might rally by as much as $220.

Image
Supply: Ali Martinez/X

Solana is buying and selling at $206 at time of writing.

Subsequent up is Pepe (PEPE). According to Martinez, the TD Sequential indicator on the day by day timeframe means that Pepe might rally by round 17% from the present degree.

“The TD Sequential presents a purchase sign on the PEPE day by day chart, anticipating a rebound to $0.000021!”

Image
Supply: Ali Martinez/X

Pepe is buying and selling at $0.000018 at time of writing.

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Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in internet affiliate marketing.

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