Analyst Ali Martinez named a token from the top 10 list that can grow significantly

Cryptocurrency analyst and trader Ali Martinez said that one of the top 10 altcoins by market capitalization is sending a bullish signal after a week-long downtrend. Martinez announced this to his 43,600 followers on the X social platform.

According to the expert, the XRP token is «ready for an uptrend» that could last «from one to four weeks,» based on the Tom Demarcus (TD) Sequential indicator. The TD Sequential indicator is commonly used to identify trend direction and potential price reversals.

XRP, the sixth largest crypto asset by market capitalization, was trading at $ 0.51 at the time of writing.

The second on Ali Martinez’s list is the Tron (TRX) smart contract blockchain token. According to the expert, the TD Sequential indicator is flashing a bearish signal for Tron. «The TD Sequential indicator is signaling a sell signal on the 3-day chart of TRX, indicating that TRX may be approaching a correction phase that could last from three to twelve days.»

According to Martinez, if the market leader falls below $ 38,130, short-term holders of the asset will try to minimize losses by selling tokens. According to the expert, a close below $ 38,000 on the weekly chart could indicate a potential decline for BTC, with an emphasis on a strong support cluster around $ 33,000. He also explained that this support cluster is a combination of several technical elements.