XRP TD Sequential Buy Signal Sparks Potential Short-Term Relief Rally
XRP has generated a TD Sequential “9” buy signal at $2.86 following nine consecutive daily declines, signaling potential trend exhaustion and a short-term relief rally. After shedding roughly $14.5 billion in market cap over the past week and consolidating between $2.80 and $2.87, XRP’s technical indicators show mixed momentum: MACD hovers near –0.0473 and RSI sits around 40.6. Traders should watch immediate support at $2.80 and seek confirmation via daily closes above $2.95–$3.00, a bullish MACD crossover, and RSI rising above 50 before increasing exposure. Tight risk management is advised, with stop-losses under the $2.70–$2.75 zone. While the TD Sequential buy signal often precedes a bounce, broader market strength and higher volume are needed for a sustained reversal.
Bullish
The TD Sequential “9” buy signal on XRP often marks short-term trend exhaustion and attracts buy-side interest for relief rallies. Historical patterns show such signals can trigger a bounce of 5–10% when confirmed by rising volume and momentum. If XRP closes above $2.95–$3.00 with an RSI above 50 and a bullish MACD crossover, traders are likely to enter long positions, driving a short-term bullish surge. However, sustained upside will depend on broader market strength and higher trading volumes, making this a cautious but bullish setup.