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Altcoins & DeFi

Ripple (XRP) Flashes a Buy Signal: Big Jump Ahead or False Hope?

Image: CryptoPotato

Ripple’s cross-border token has fallen roughly 15% over the past month and is currently trading around $1.30 (per CoinGecko). Nonetheless, the emergence of one key signal suggests that a major rebound could be just around the corner. Is This What Holders Waited for? Popular analyst Ali Martinez said XRP’s TD Sequential indicator flashed a buy signal on the three-day chart, noting that the last three similar setups triggered price pumps of 31%, 24%, and 18%. At the same time, he argued that the bullish scenario depends on the important level of $1.25. “Hold it, and XRP could rebound toward $1.40. Lose it while whales continue taking profits, and $0.98 could be next,” he said.

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