XRP's price recently experienced a 7% decline over the weekend, but crypto analyst Ali Martinez believes it may rebound soon. Martinez identified a TD Sequential buy signal on XRP's 4-hour candle chart, suggesting a potential reversal in price. He also noted that XRP has been consolidating in a bullish pennant formation since reaching seven-year highs in December 2024. The key resistance level to watch is $2.73, and a break above that could lead to a rally to $11, while failure to break the resistance could result in a correction to $2.05. XRP's current price is $2.41.
- Content Editor ( thecryptobasic.com )
- 2025-01-06
XRP Flashes Buy Signal on TD Sequential as Analyst Eyes Breakout to $11