XRP has been showing early signs of recovery after losing over 20% in June. The token briefly fell to $1.01 as a wider crypto sell-off reduced demand and pushed traders towards safer positions.
The decline marked XRP's weakest monthly performance since February 2025, but several technical signals have given traders fresh data to watch.
Crypto analyst Ali Martinez reported that the Tom DeMark Sequential indicator issued a buy signal on XRP's daily chart. Traders use this indicator to identify when a market trend may be close to exhaustion after several sessions of movement in one direction.
The indicator only indicates the likelihood of a short-term recovery, and does not confirm that XRP has formed a lasting market bottom.