- XRP holds $2.96 support after TD Sequential buy signal, with resistance at $3.04 and $3.40.
- Net volume sentiment tops 70%, signaling sustained buying momentum across XRP markets.
- Analysts see upside toward $5–$10, boosted by CME futures plans and a U.S. spot XRP ETF.
XRP price action is showing signs of recovery after a prolonged bearish phase, supported by technical indicators pointing to renewed strength. The TD Sequential tool has flashed a buy signal on the 4-hour chart, suggesting that selling pressure may be easing. At the time of writing, XRP was trading at $2.99, holding above its recent lows and stabilizing near key levels. Analysts are now monitoring whether this move can establish momentum for a breakout above resistance zones.
TD Sequential Buy Signal and Market Structure
The XRP 4-hour chart recently recorded a sequence of bearish candles that pushed the price from above $3.10 to $2.96. According to analysis prepared by Ali Charts, the TD Sequential indicator flashed a buy setup at $2.96, marked by a green arrow. This level has acted as a base for the latest recovery.
Following this signal, XRP printed several white candles that carried the price back above $3.00. Current resistance is near $3.04, which represents the upper boundary of recent consolidation. Trading activity shows stabilization, with volume levels supporting this shift. The buy setup remains valid as long as XRP holds above the $2.96 support zone.
Net volume sentiment has also improved, climbing toward 70 percent. Historical data shows that once sentiment sustains above 60 percent, prices often continue upward. This shift in volume dynamics provides further confirmation of growing buying activity across markets.
Key Levels and Broader Market Context
The next resistance level stands at $3.40, and a breakout above this range could open the path toward $5. According to an observation by CryptoWZRD, XRPBTC is forming a symmetrical triangle, and a bullish breakout may push XRP toward $3.65.
Source: X
Longer-term projections suggest that XRP could extend gains above $5 if momentum builds. Analysts also see potential for a move toward $10, should larger wave structures hold. Institutional developments support this outlook, with CME Group planning XRP futures options and the launch of the first U.S. spot XRP ETF.
According to market data, XRP continues to outperform both Bitcoin and Ethereum in September gains. This relative strength, combined with technical signals, places XRP in a strong position for a possible breakout.
