A momentum indicator recently flipped bullish for XRP, Solana (SOL) and two other altcoins, according to a popular crypto analyst.

Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented buy signals on the four-hour charts for XRP, SOL, Maker (MKR) and World Network (WLD).

-->

Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles.

XRP is trading at $2.28 at time of writing. The 4th-ranked crypto asset by market cap is down nearly 4 in the past 24 hours.

Source: Ali Martinez/X

SOL is trading at $195.59 at time of writing. The Ethereum (ETH) competitor and 6th-ranked crypto asset by market cap is down more than 5 in the past day.

Maker is a decentralized finance (DeFi) protocol and stablecoin issuer. The project’s native token, MKR, is trading at $1,656 at time of writing. The 87th-ranked crypto asset by market cap is down more than 1.5 in the past 24 hours.

Worldcoin, OpenAI CEO Sam Altman’s controversial cryptocurrency project that uses eye-scanning technology to create an identity network, rebranded to World Network in October. The project’s native token, WLD, is trading at $2.23 at time of writing. The 73rd-ranked crypto asset by market cap is down almost 10 in the past day.