[Coin World] XRP has recently fallen by 9.5%, but interestingly - a buy signal has appeared on the weekly TD Sequential. What’s going on? After nine consecutive Bearish lines, this indicator is starting to hint at a possible reversal.
On the other hand, ETH's movement on the 12-hour level is exactly the opposite. Nine bullish lines are lined up, and the TD Sequential has directly thrown out a bearish signal, basically wiping out the gains from the previous small rebound.
However, it must be made clear that neither of these two signals has been confirmed yet. Traders in the market are keeping a close eye on whether the price will actually turn around. Technical indicators have provided hints, but how it ultimately plays out will depend on subsequent verification.
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XRP fell 9.5% after TD Sequential signaled, and ETH also showed a reverse warning.
[Coin World] XRP has recently fallen by 9.5%, but interestingly - a buy signal has appeared on the weekly TD Sequential. What’s going on? After nine consecutive Bearish lines, this indicator is starting to hint at a possible reversal.
On the other hand, ETH's movement on the 12-hour level is exactly the opposite. Nine bullish lines are lined up, and the TD Sequential has directly thrown out a bearish signal, basically wiping out the gains from the previous small rebound.
However, it must be made clear that neither of these two signals has been confirmed yet. Traders in the market are keeping a close eye on whether the price will actually turn around. Technical indicators have provided hints, but how it ultimately plays out will depend on subsequent verification.