XRP TD Sequential Buy Signal Indicates Potential Breakout

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 day ago

Should l Buy XRP?

Buy Signal Emergence: Analyst Ali Charts highlighted a new TD Sequential buy signal on XRP's four-hour chart, indicating that selling pressure may be fading, with a potential target of $1.45 if bullish momentum continues.
Support Level Analysis: Current support for XRP is between $1.36 and $1.38, and a breakdown below this region could lead to a deeper retracement, jeopardizing the existing bullish setup.
Resistance Level Importance: Analysts believe that a clean breakout above the resistance zone of $1.44 to $1.45 could confirm bullish continuation and potentially pave the way toward the secondary target of $1.80, reflecting strong market interest in XRP.
Market Structure Compression: XRP is currently trapped in a tightening triangle formation, with increasing price compression; despite multiple failed attempts to break above the upper resistance trendline, the ongoing higher lows provide a foundation for bullish sentiment.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.23	1.304	1.36	1.434	1.491	1.565	1.621
Fibonacci	1.304	1.354	1.385	1.434	1.484	1.515	1.565

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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