XRP flashes TD Sequential buy signal, traders eye $1.25 support for recovery

XRP has started to show signs of a potential rebound after several weeks of underperformance, as a notable technical indicator suggests a possible shift in momentum. Despite this, technical analysts caution that buyers still need to confirm a stronger trend reversal before any sustainable rally can develop. At the time of writing, XRP is priced at $1.3139, reflecting a daily increase of 0.36% according to TradingView data. Attention recently focused on an analysis by Ali Charts, a prominent crypto analyst, who highlighted the appearance of a buy signal from the TD Sequential indicator on XRP’s three-day chart.

Source: CoinTurk News