Crypto Trader Says One Catalyst Could Trigger XRP To Explode by 200%, Updates Outlook on Solana and Pepe
Cryptocurrency trader and analyst Ali Martinez is predicting a triple-digit rally for XRP as he offers his insight on two other altcoins. Martinez tells his 113,700 followers on the social media platform X that XRP could skyrocket by 200% from the current level. Citing on-chain data, the trader says that the third-largest crypto asset by market cap is currently experiencing heavy demand. “On-chain data reveals that whales have been heavily accumulating XRP. In the last week alone, they’ve purchased over 1.10 billion XRP. This buying pressure is building momentum. XRP has broken out of a bull pennant, a classic bullish pattern. If the buying pressure continues, it could help propel XRP to $10.” XRP is trading at $3.33 at time of writing, a few cents below the all-time high of $3.40 reached seven years ago. Next up is Solana (SOL). According to the crypto trader, the Tom DeMark (TD) Sequential indicator, a tool used to identify potential points of a trend reversa...