RATE Group | XRP, Ethereum, and Litecoin All Trigger Sell Signal
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XRP, Ethereum, and Litecoin All Trigger Sell Signal

04 Feb XRP, Ethereum, and Litecoin All Trigger Sell Signal

Posted at 18:26h in Ethereum News by

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Ever since the clock first struck midnight turning into the new year, altcoins like XRP, Ethereum, Litecoin, and many others have been tearing up the price charts and going on massive price rallies.

But those rallies have now triggered a sequence of candlesticks that according to a world-renowned market analyst typically result in a reversal and selloff following.

XRP, Ethereum, and Litecoin Trigger TD9 Sell Signal On Sequential Indicator

Towards the start of 2020, the total cumulative altcoin market cap and a number of individual altcoins broke out from downtrend resistance, including large-cap cryptocurrencies like XRP, Ethereum, and Litecoin.

Related Reading | Global Altcoin Breakout Could Usher Return of Alt Season Crypto Riches 

The breakout of downtrend resistance caused the largest buy volume on weekly timeframes that the altcoin market has ever seen, and underlying price patterns showed a strong resemblance to early Bitcoin price charts, hinting that life-changing wealth could…

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