XRP TD Sequential Indicator Points to Potential Bullish Reversal

A technical analysis indicator has revealed a buy signal for XRP, suggesting a potential rebound after a 4% price drop.

The TD Sequential indicator has flashed a bullish signal on the cryptocurrency's 4-hour chart, indicating that the local exhaustion of bearish trend may be over. This signal is particularly notable as it has been accurate in anticipating trend shifts for XRP recently.

In a post on social media, analyst Ali Martinez highlighted this development and predicted potential targets at $1.45 and $1.80 if the signal pays off. The current price of XRP is around $1.39, down 1.5% in the last 24 hours.