- Analysts say XRP’s tightening structure signals growing momentum with long-term targets pointing toward double digits.
- TD Sequential flashed a new XRP buy signal after correctly predicting the recent market correction.
- XRP holds above key support as RSI and MACD indicators turn positive during consolidation recovery.
XRP price is improving with tightening market structure leading to analysts Dark Defender, Egrag Crypto, and Ali noting fresh bullish signals. XRP traded near $1.42 after rebounding from the $1.38 support zone, while technical indicators pointed to improving momentum following several days of sideways consolidation.
Analysts Note Tightening XRP Structure
According to Dark Defender, XRP now shows a “textbook structure” as price action compresses below resistance. The analyst added that XRP is “heading to double digits first,” pointing to strengthening long-term momentum.
Meanwhile, Egrag Crypto described XRP’s current setup as increasingly compressed. The analyst stated that “the pressure is building,” while adding that a larger market move appears closer.
Price action supports that view. XRP recently stabilized above the psychological $1.42 level after bouncing from support near $1.38. However, resistance remains firm between $1.44 and $1.45, where sellers repeatedly rejected upside attempts.
If buyers reclaim that zone, XRP could revisit $1.48 and eventually retest the April high near $1.50. On the downside, traders continue monitoring support levels near $1.40 and $1.35.
Ali Points to Fresh Buy Signal
Adding to the momentum discussion, analyst Ali said the TD Sequential indicator flashed a new buy signal on XRP’s four-hour chart. According to Ali, the same indicator accurately identified a sell signal near the recent $1.46 local top.
That earlier signal preceded a 5.5% correction during the following 48 hours. Now, Ali believes the latest setup suggests short-term selling pressure has eased.
The analyst said XRP could rebound toward the $1.45 resistance area first. Additionally, Ali identified $1.80 as a secondary upside target if XRP clears overhead supply zones.
Technical Indicators Turn Positive
Momentum indicators also shifted upward during the latest recovery attempt. The Relative Strength Index climbed to 58.63, remaining above the neutral 50 level without entering overbought territory.
At the same time, the MACD indicator turned positive. The MACD line moved above the signal line, while the histogram printed positive readings.
Trading volume remained moderate near 2.87 million XRP. However, price continued holding above the 200-day moving average area near current levels.
