The XRP TD Sequential indicator on the 2-week timeframe is sending bearish signals, suggesting that the recent correction for XRP might not be over. The indicator has been accurate for XRP since 2022, signaling potential trend reversals. XRP has already dropped 26.67% this month and has lost the $3 price mark, but analysts believe that as long as it holds above $2, there is no cause for concern. However, the TD Sequential indicator is now displaying a sell signal, indicating a new bearish phase. XRP investors may not see relief soon, especially if Bitcoin continues to consolidate or drop to new lows. Whales have already started offloading some of their holdings, and the asset has given up the $2.27 support. Despite the short-term drop signaled by the indicator, it is believed that XRP could hit higher levels in the long term, with the possibility of surging to $15.
Content Editor ( thecryptobasic.com )
- 2025-02-26
XRP 2W TD Sequential Has Been Accurate Since 2022: Here’s What It’s Saying Now
