XRP Just Flashed a New Buy Signal. Analyst Sets New Price Target

XRP may be setting up for another upward move after a short-term correction pushed the asset down from its recent local high. Crypto analyst Ali Martinez (@ali_charts) now believes the pullback phase could be ending after a fresh TD Sequential buy signal appeared on the 4-hour chart.

The signal arrived near the $1.38 level after XRP dropped roughly 5.5% from its recent $1.46 peak. According to the analyst, the same indicator accurately identified the local top on May 6 before the correction started. Now, attention has shifted toward the possibility of a rebound.

Martinez stated that the TD Sequential indicator is “currently flashing a buy signal” on the XRP 4-hour chart. He added that he watches the setup closely because it has “accurately anticipated every major trend shift in XRP recently.”

XRP Holds Key Support Near $1.38

The attached chart shows XRP stabilizing near $1.382 after several consecutive bearish candles pushed the price lower across the 4-hour timeframe. Selling pressure slowed significantly near the current level, where smaller candles started to form beside the new TD Sequential 9 signal.

That pattern often appears when downward momentum begins losing strength. In this case, the chart suggests buyers have started defending the $1.38 area after the recent decline from $1.46.

Martinez pointed to the accuracy of the previous sell signal and explained his current outlook. He said the May 6 signal at $1.46 “perfectly timed the local top,” which preceded the correction seen over the last two days.

The latest setup now points in the opposite direction. The analyst believes “the local exhaustion is over,” with XRP potentially preparing for another upward move.

Immediate XRP Target Before Pushing Toward $1.80

The first-level traders now appear focused on sits near $1.45. That area acted as resistance during the recent rally and remains an important short-term barrier for bulls.

According to Martinez, XRP could move back toward the $1.45 resistance if the bounce gains momentum. A successful breakout above that level could open the door for a larger continuation move.

The analyst also identified $1.8 as a secondary upside target once XRP clears what he described as “overhead supply.” That area would represent a major recovery from the recent retracement and place XRP near some of its strongest levels of the year.

For now, the 4-hour candle close remains important. Martinez said he will monitor closely to confirm whether the current rebound attempt has enough strength to continue the climb.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on X, Facebook, Telegram, and  Google News

The post XRP Just Flashed a New Buy Signal. Analyst Sets New Price Target appeared first on Times Tabloid.