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Altcoins & DeFi

XRP Daily Chart Shows Three TD Sequential Signals Near $1.31

Image: TokenPost

A daily-chart cluster of three TD Sequential readings put XRP near a possible exhaustion point at about $1.31 on Oct. 15, though the signals do not establish that the decline has ended. The readings — Sequential 13, TD 9 and Aggressive 13 — appeared around the same price zone after a decline from around $1.50. XRP moved lower through much of October before reaching the area. A TD 9 tracks consecutive closes that can indicate a trend has stretched, while the 13-count readings cover a longer exhaustion phase. Together, the signals may indicate a maturing decline, but a reversal would still require a price response. If the $1.30-$1.32 area holds, $1.40 is the first recovery level, followed by resistance near $1.50.

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