- XRP’s TD Sequential flashes a buy signal after a steady decline, indicating potential exhaustion among sellers.
- The price currently trades near $2.44, marking renewed strength after multiple failed breakdown attempts.
- Rising buying pressure and contracting candle patterns point toward early signs of a market recovery phase.
XRP appears to be entering a critical juncture as technical signals hint at a possible short-term recovery. The recent TD Sequential buy setup suggests selling momentum may be easing, with market participants closely watching for confirmation of a rebound.
TD Sequential Indicator Points Toward a Shift in Market Dynamics
Market analyst Ali (@ali_charts) recently noted that the TD Sequential indicator has issued a buy signal on the 4-hour XRP/USDT chart, a pattern that often precedes a reversal. The indicator, created by Tom DeMark, identifies potential exhaustion points in an existing trend. In this instance, XRP’s sequence of nine consecutive downward candles has culminated in a “9” buy setup, often signaling the end of selling pressure.
The chart shows XRP plummet from around $2.56 to $2.36, recording a clear bearish phase before the emergence of the buy signal. Since then, smaller bodies of candles have emerged, indicating diminishing volatility and selling momentum exhaustion. Such structural contraction frequently appears ahead of a market reversal, suggesting buyers are gradually regaining composure.
The “9” setup, positioned after a sustained downtrend, aligns with historical behavior where XRP previously reacted with short-term rallies following similar patterns. These rebounds, typically ranging from 6% to 10%, tend to occur when the broader market steadies, supporting the possibility of a rebound phase now forming.
Price Structure Reflects Renewed Strength After Consolidation
Simultaneous to the indicator setup, the 24-hour XRP/USDT chart displays new strength as the token fluctuates around $2.44, higher by about 2.2% over 24 hours. Price has been trading in a narrow margin of $2.38-$2.44 with higher lows indicating gradual market recovery. The steady increase is an indication that a build up could be in progress as buyers are testing the resistance levels.
During past sessions of trading, XRP continued to attempt to surge above $2.42 but was met with slight rejections, which each time bounced back sharply. The quick recoveries around support zones reveal sustained demand and growing market confidence. The closing momentum near daily highs underscores this renewed buying interest.
Supporting figures reinforce this constructive stance. The market capitalization of XRP is estimated to be approximately $146.5 billion currently supported by a $3 billion 24-hour turnover. This vibrant turn over is a sign of robust liquidity and enduring investor interest, which is the cornerstone of the feeling that the environment is starting to turn away from caution to optimism.
Short-Term Outlook Hints at a Recovery Setup
Technical patterns imply that a short-term rebound may be approaching if the current momentum sustains. A confirmed move above the $2.45 threshold could open a path toward $2.50–$2.55, where prior breakdown zones remain untested. This progression would align with Ali’s observation that “the rebound is about to begin,” provided buyers maintain control above immediate support.
Conversely, losing footing below $2.33 could invalidate the TD Sequential setup and extend consolidation. However, current structure and trading volume suggest that market participants are beginning to favor upside risk. The contraction of candle sizes, alongside increased transactional flow, indicates that bearish fatigue might have reached maturity.
In summary, XRP’s latest technical readings present early signals of a potential recovery phase. The TD Sequential buy setup, paired with narrowing price ranges and resilient support levels, suggests that selling pressure is diminishing. If momentum continues to strengthen, XRP may soon confirm a transition from correction to recovery.
