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XRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals
An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts. The “TD Sequential” is an indicator from technical analysis (TA) used to locate probable turnaround points in a given asset’s price. The indicator involves two phases: the setup and countdown. During the first of these...
Brent crude closes near $73, posts weekly drop of over 2%
Oil drilling rigs Oil prices rose at the close of Friday's trading but recorded weekly losses due to demand concerns following Fed’s announcement of plans to slow the pace of monetary easing next year. At settlement, Brent crude futures for February 2025 delivery increased by 0.1%, or 6 cents, to $72.94 a barrel, registering a weekly loss of 2.1%. Meanwhile, US WTI crude futures for February 2025 delivery climbed 0.15%, or 8 cents, to $69.46 a barrel, but declined 1.9% over the past five sessions. China's energy company Sinopec predicts that the country's crude oil imports may peak as early...
Virtuals Protocol token, VIRTUAL, drops 16%: is the bullish momentum over?
VIRTUAL’s 16% price drop follows a bull rally driven by AI agents’ hype and listings on major exchanges. The decline is due to profit-taking and an overbought market condition as indicated by the RSI. This pullback may offer a buying opportunity for new investors. In a surprising turn of events, the Virtuals Protocol token, VIRTUAL, has experienced a notable 16% decline over the past 24 hours, dropping to $2.60 at press time. This market cool-off follows a dramatic bull rally that saw VIRTUAL soar to a new all-time high of $3.30 on December 16, 2024. The decline raises questions about...