Ripple’s XRP ($2.42) is showing signs of resilience after a recent pullback, and analysts are paying close attention. Well-known crypto analyst Ali Martinez has highlighted a fresh signal on the hourly chart, noting that the TD Sequential indicator has just flashed a buy signal. This development suggests that XRP may be gearing up for a rebound after hours of downward pressure.

Analyst Predicts Buy Opportunity For Bulls

At the time of analysis, XRP is trading at $2.91, consolidating after a series of bearish candles earlier in the session. The chart shows that sellers briefly pushed the token toward lower levels, with XRP dipping close to $2.89 before finding support. Despite this weakness, XRP has managed to stabilize, giving bulls an opportunity to regain control. However, XRP has experienced a mild increase of 0.71% in the last 24 hours.

The hourly chart presented by Ali Martinez illustrates a series of declining candles followed by the TD Sequential’s buy setup, marked with the number 9. This signal has historically pointed to potential price reversals, especially when aligned with support levels.

In XRP’s case, the appearance of the buy signal comes after a sustained period of downside movement, which makes the setup even more significant. Ali Martinez’s observation implies that bulls could seize this opportunity to mount a recovery, potentially pushing XRP away from current lows.

Analyzing the Chart Setup

Looking at the candlestick pattern, XRP recently endured several consecutive bearish candles before the TD Sequential flashed. The rebound attempt is evident as the price stabilized near $2.91 following the wick that dipped below $2.89.

The chart shows a clear shift in momentum:

• Bearish candles dominate the early hours, with XRP moving lower.
  
• Consolidation candles appear, signalling indecision between bulls and bears.
  
• Finally, the TD Sequential prints a “9”, which is typically followed by a rebound if buyers step in with enough strength.
  

This technical setup suggests that XRP is in a critical zone where a rebound could either gain traction or fail if market volume does not support the reversal.

Related article: XRP Eyes $3.60 After Massive 48-Hour Whale Buying Spree

Market Outlook and Next Levels to Watch

If the buy signal holds, XRP could attempt to reclaim resistance around $2.93–$2.95 in the short term. A stronger move above these levels may open the path toward $3.00, a psychological barrier that traders are closely monitoring.

On the other hand, failure to capitalize on the buy signal may drag XRP lower, retesting immediate support near $2.88. Should this level give way, the next critical area of demand sits around $2.85.

For now, Ali Martinez’s highlighted signal has injected optimism into the market, reminding traders that XRP’s pullback may only be temporary.

Conclusion

Ripple’s XRP sits at a key turning point after the TD Sequential indicator flashed a buy signal on the hourly chart, as observed by analyst Ali Martinez. With the token trading around $2.91, the signal suggests that sellers may be losing momentum, and a rebound could be on the horizon. However, the success of this potential recovery will depend on whether bulls can gather enough strength to drive prices above $2.95 and ultimately challenge $3.00.

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