Bitcoin and Ethereum recorded daily buy signals, with recovery targets at $73,000 and $2,150, respectively. XRP and Solana flashed similar signals after falling 40% and 38%, with potential re
Bitcoin, Ethereum, XRP, and Solana have flashed daily TD Sequential buy signals following steep corrections since September 21. According to analyst Ali Charts, the indicators could precede rebounds toward each asset's 200-day moving average. However, the four cryptocurrencies must first overcome key resistance levels after losing between 22.55% and 40% during recent declines.
Bitcoin has declined 22.55% from its September 21 high of $87,354 to $67,652. However, its daily TD Sequential indicator has now produced a buy signal. If buyers validate the signal, BTC could recover toward its 200-day simple moving average near $73,000.
Reclaiming that level as support could open a move toward $80,000. Ethereum has suffered a deeper correction, losing 32.40% since September 21. Its price dropped from $2,806 to $1,897 during the decline.
https://twitter.com/alicharts/status/2121285711827542261?a=LBC_NycbCORP5yLpyrI&s=20Like Bitcoin, ETH has recorded a daily TD Sequential buy signal. Ali Charts identified $2,150 as its first recovery target. A successful move above that average could bring the resistance trendline near $2,435 into focus.
XRP has declined approximately 40% over the past two months, falling from $1.66 to $0.99. Nevertheless, its daily TD Sequential indicator has produced a buy signal. According to Ali Charts, increased buying pressure could push XRP toward $1.13.
The next target stands at its 200-day moving average near $1.26. Solana has also recorded a daily buy signal after falling nearly 38%. SOL dropped from its late-September high near $125 to a recent low of $77.92.
The indicator points to a possible recovery toward the 200-day moving average near $89. Breaking above that level could expose SOL to resistance near $97.
Ali Charts identified the 200-day moving averages as important recovery levels for all four cryptocurrencies. Bitcoin faces $73,000, while Ethereum targets $2,150.
Meanwhile, XRP needs to reclaim $1.26, and Solana must overcome $89. Holding above these respective averages would strengthen the bullish case, according to the analyst.
