- XRP’s 12-hour chart shows back-to-back TD Sequential buy setups, signaling selling pressure easing and buyers stepping in near $2.67 support.
- Whales acquired 340 million XRP in two weeks, with $268 million removed from exchanges, reducing liquidity and boosting buying momentum.
- Short-term targets range from $2.85–$2.90, with potential extension above $3.00 if XRP maintains momentum above the critical $2.75 level.
XRP has shown early signs of recovery as the TD Sequential indicator printed consecutive buy setups. Technical signals suggest a short-term rebound is forming.
TD Sequential Signals Point to Potential Rebound
XRP’s 12-hour chart flashed two consecutive TD Sequential buy setups after a series of red candles. The first buy signal appeared as the price tested $2.67 with a long lower wick. This indicates strong buying pressure at key support levels.
The second TD Sequential signal followed immediately, reinforcing the idea that sellers are losing momentum. Back-to-back signals like these often suggest that downward pressure is easing. Traders track such patterns to spot short-term reversals.
Historically, XRP rallies often follow these exhaustion points. In the short-run, the price should be between 2.85 to 2.90. It can break out above $3.00, under the condition that buyers remain in control. To establish the rebound, it is essential to maintain a level of above $2.75.
Whale Activity Supports Buying Momentum
Whales have acquired roughly 340 million XRP, worth about $962 million, in the past two weeks. Additionally, $268 million has been withdrawn from exchanges, reducing immediate selling pressure.
Open interest in derivatives recently reached $8 billion, with funding rates flipping positive. Davide Martini noted that these moves show growing buying activity among larger market participants.
Reduced liquidity and whale accumulation often create favorable conditions for rebounds. The combination of TD Sequential buy signals and active accumulation may support sustained upward momentum.
Price Movement and Short-Term Targets
At the time of writing, XRP is trading at approximately 2.80, which is 1.59 percent higher than it was 24 hours ago. The technical arrangements and trading dynamics show a possibility of additional pains.
Initial resistance sits at $2.85–$2.90. A breakout above $3.00 could occur if buyers continue to dominate. Sustaining levels above $2.75 is key to keeping the rebound intact.
The combination of consecutive TD Sequential buy signals, whale purchases, and positive open interest positions XRP for a potential short-term recovery. Traders are closely monitoring these factors for confirmation of upward momentum.
