The current performance of cryptocurrencies XRP and ADA might change soon as TD Sequential signals indicate a potential short-term recovery.
TD Sequential Predicts a Turnaround
Renowned crypto analyst Ali Martinez highlighted the use of the TD Sequential method, which showed buy signals for XRP and ADA on 4-hour charts, indicating a possible upcoming short-term rebound.
XRP's Reaction to SEC News
Ripple's token recently experienced a short-lived surge after the company's CEO, Brad Garlinghouse, announced a victory in the legal case against the SEC, which briefly spiked XRP's value before it reverted to its previous level.
Potential Collaboration Between Ripple and Cardano
Cryptos XRP and ADA have been linked several times in recent months. Discussions between Ripple and Cardano executives have hinted at a potential partnership. No official statements have been made, but analysts point to favorable conditions for collaboration.
XRP and ADA investors watch the situation closely, anticipating a possible trend reversal influenced by both technical analysis signals and the prospects of joint projects.