$XRP Flashes Buy Signal with TD Sequential Indicator

A TD Sequential setup has appeared on the 4-hour chart of $XRP, indicating a potential bullish reversal in the short term.

The TD Sequential indicator is used to identify points where an asset's price may be due for a reversal. It involves two phases: a setup phase and a countdown phase. The setup phase consists of counting nine candles of the same color, while the countdown phase involves thirteen candles.

In the case of $XRP, the TD Sequential signal has emerged as the cryptocurrency has dropped more than 4% from its recent high of $1.45. Since the candles involved have been red ones, the setup's completion suggests a bullish reversal could happen next for the asset in the short term.