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

The asset's performance largely depends on the key $1.25 level, Ali Martinez claimed. 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. Martinez’s warning follows a previous post highlighting concerning factors that suggest a deeper pullback beyond the $1 psychological mark may be on the way. First, he said some of the largest whales on the XRP Ledger appear to have been reducing their exposure. Second, the amount of XRP held on exchanges has risen, increasing immediate selling pressure. “The technical level I’m watching is $1.26, the lower boundary of a chann...