Ripple’s $XRP has faced its share of volatility, especially during the market-wide correction in late December. However, the new year has brought renewed momentum, and a popular technical indicator is now flashing green for XRP, suggesting it might be time to consider buying the cross-border token.
🔍 The Indicator: TD Sequential
The TD Sequential is a widely-used tool among traders, helping to identify market exhaustion in either direction. Its buy signal often indicates that a price rebound is imminent, and according to crypto analyst Ali Martinez, this signal has just appeared for XRP on the 4-hour chart.
> “The TD Sequential presents a buy signal on the $XRP 4-hour chart, anticipating a price rebound!”
– Ali Martinez
📊 Why the TD Sequential Matters
This indicator has proven reliable in recent weeks:
1. Bitcoin ($BTC )
December Buy Signal: Flashed green when BTC was below $95,000 during the December crash.
Outcome: BTC dipped shortly after but ultimately rebounded above $99,000—a 4.5% increase.
2. Dogecoin (DOGE)
December Buy Signal: Triggered when DOGE dropped to $0.312.
Outcome: DOGE skyrocketed by over 22%, now sitting above $0.38.
3. Shiba Inu (SHIB)
December Buy Signal: Appeared when SHIB traded at $0.000023.
Outcome: Forecasted a modest 3.8% increase, with SHIB now trading near $0.000024.
For XRP, the TD Sequential buy signal could mark the beginning of a significant rebound.
💡 Price Predictions and Potential Targets
Crypto analyst Ali Martinez previously suggested that:
XRP could drop toward $2 before rallying to as high as $11.
While $11 may seem far-fetched for now, the TD Sequential’s track record indicates a potential short-term price rebound.
⚡ Why XRP Could Be a Buy Right Now
1. Technical Support:
The TD Sequential buy signal historically aligns with strong bounce-back opportunities.
2. Market Recovery:
The broader crypto market, led by BTC, is showing signs of recovery, which could spill over into XRP.
3. XRP Momentum:
With its use case in cross-border payments and renewed institutional interest, XRP remains a strong long-term contender.
📈 Next Steps for Traders
Monitor the Charts: Keep an eye on the 4-hour chart and any validation of the TD Sequential signal.
Set Targets: If you’re considering buying, short-term targets could include $2.50–$3.
Manage Risk: Use stop-loss orders to protect against potential downside.
🛡️ Conclusion
The TD Sequential buy signal for XRP suggests that now might be a good time to consider entering a position. While caution is always advised in volatile markets, this indicator has proven its reliability across several assets recently.
💬 What’s your take? Are you planning to buy XRP or waiting for further confirmation? Share your thoughts below!
#XRP #CryptoTrading #TechnicalAnalysis #TDSequential #CryptoMarket