Analyst Ali Martinez named the famous cryptocurrencies that have a chance to grow in 2024

Crypto strategist Ali Martinez has published a new forecast for the value of several altcoins, according to the analyst, they are expected to experience a bullish rally. The expert told his 47,900 subscribers on the X social platform.

According to Ali Martinez, XRP looks bullish based on the Tom DeMark Sequential (TD) indicator. The TD Sequential indicator is commonly used to determine trend direction and potential price reversals.

«The TD Sequential indicator has given a buy signal on the weekly chart of XRP, indicating a potential bullish momentum. If XRP manages to close the week steadily above $ 0.57, it could be a catalyst for a push to $ 0.63 or even higher, to $ 0.65 ,» the analyst said.

According to Martinez, another altcoin that gives a bullish signal based on the TD Sequential indicator is Ethereum’s (ETH) competitor Solana (SOL).«The TD Sequential indicator gives a buy signal on the daily chart of Solana, indicating a potential upside that could span one to four daily candles for SOL.»

As for bitcoin, the strategist believes that the cryptocurrency could be on its way to rising above $ 60,000 after breaking out of the bullish megaphone pattern. «Bitcoin is showing a megaphone pattern on its daily chart. If BTC maintains its position, it could become a catalyst for a rally to $ 60,520!»

As a reminder, the flagship crypto asset soared to new heights, breaking the $ 57,000 mark early on Tuesday morning. This price level, which has not been seen since November 2021, marks a significant revival of the leading cryptocurrency.