HomeCryptocurrencyAnalyst: If XRP Buying Volume Accelerates Here, It Could Rise toward This...

Analyst: If XRP Buying Volume Accelerates Here, It Could Rise toward This Price

XRP may be entering a period where technical signals favor a rebound after an extended decline. Crypto analyst Ali Martinez (@ali_charts) shared charts highlighting two separate bullish indicators as both appear after a sustained pullback.

The setup has attracted attention because both signals emerged at the same point in the trend, giving traders fresh levels to monitor over the coming sessions.

His analysis centers on a Tom DeMark (TD) Sequential buy signal and a Morning Star Doji candlestick pattern. He also said that if buying volume accelerates, XRP could rise toward $1.30.

TD Sequential Prints Buy Signal

The first signal comes from the TD Sequential indicator. Martinez said it has printed a buy signal through a “9” candlestick. According to his post, that pattern has historically anticipated “a one-to-four daily candlestick relief rebound.”

On the attached chart, the 9 appears immediately after XRP completed a prolonged decline. The indicator typically signals that bearish momentum has weakened and that buyers could begin to regain control. While the signal does not guarantee a rally, traders often watch for confirmation of higher prices and stronger trading volume.

Morning Star Doji Forms Near Recent Low

Martinez also highlighted a Morning Star Doji pattern that developed across the past three daily candles. The chart outlines a large bearish candle, followed by a small doji of indecision, then a strong bullish candle that closes above the doji.

This pattern is widely used to identify localized bottoms after extended declines. In XRP’s case, the final bullish candle shows buyers stepped back into the market after the recent selling pressure eased. The appearance of this pattern alongside the TD signal gives traders two technical indicators backing the same outlook.

What’s Next for XRP?

Not everyone is optimistic, as one community member called out Martinez. He pointed to a recent post by the analyst, potentially hinting at buying opportunities as low as $0.15.

However, Martinez is clear on his analysis. He pointed out that volume will play an important role in determining whether the recovery continues. He said the bullish setup depends on buying volume accelerating from current levels.

His analysis identifies $1.30 as the next upside objective if buying momentum continues to strengthen. That target sits well above XRP’s current price near $1.074 and would bring it close to $1.33, which it fell from at the start of June.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
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