The XRP price may be setting up for a short-term bounce, based on a group of technical signals pointing to a possible shift in momentum. One of the most important signals comes from the TD Sequential indicator, which recently flashed a classic ‘9’ buy signal on the hourly chart. This setup often appears near the end of a downtrend and can mark the beginning of a rebound.

Crypto analyst Ali Martinez shared this in a recent tweet, noting, “XRP appears ready to rebound as the TD Sequential presents multiple buy signals on the hourly chart!”

So, what does this mean for XRP’s price action in the short term? Let’s break it down and take a closer look at where XRP could be headed next.

In the latest hourly chart, XRP has been forming lower candles, ending with a strong red candle that dips to around $2.31. That candle is marked by a ‘9’, part of the TD Sequential system, which suggests that a change in direction might be near.

There’s also a green arrow shown on the chart around the $2.29 zone, indicating a possible support area where buyers could start stepping in. This combination of signals is often seen as a good sign for a short-term recovery.

$XRP appears ready to rebound as the TD Sequential presents multiple buy signals on the hourly chart! pic.twitter.com/vnw7jgrZVq

Let’s take a closer look at what other technical indicators say about XRP’s current momentum:

Ultimate Oscillator: 42.5
This reading shows weak momentum, but it’s not in oversold territory. If this starts rising, it would support the idea of a price bounce.

Rate of Change (ROC): 28.1
A ROC this high means XRP has had strong upward movement over the recent period. Even though it’s been dropping in the last few hours, the broader trend still shows buying pressure.

Commodity Channel Index (CCI): -24.9
This suggests XRP is slightly below its recent average price, but it’s not yet in the oversold range. It’s a neutral reading with room to move higher.

MACD (12,26): 0.052
MACD just crossed into positive territory, signaling that bullish momentum could be building. It’s still early, but it’s a positive sign.

These technical signals together point to a likely bounce, as long as XRP holds support around $2.29. If that level remains strong, XRP could climb back toward $2.40 or $2.50. This area has acted as resistance in the past, so breaking above it would be a good sign of strength.

If XRP manages to push above $2.40, it could move up to $2.48, where stronger resistance may appear.

On the other hand, if XRP fails to hold the $2.29 support, it could slide down to $2.24, or even $2.20. However, based on the current indicators, that downside scenario looks less likely for now.

Looking beyond just the next day or two, XRP’s longer-term trend still depends a lot on bigger factors – such as Ripple’s legal battles and general market sentiment. But from a technical point of view, the recent signals suggest that XRP may have already found a short-term bottom. This means it might either bounce or trade sideways for a bit before making a bigger move.

For swing traders, this kind of setup is often seen as a good opportunity to enter, especially when indicators like MACD and ROC confirm the possible momentum shift.

Read also: Ripple CLO Calms XRP Community After Court Denial: “Nothing Changes”

XRP’s recent price action has been choppy, but the latest technical indicators are starting to lean bullish. The TD Sequential buy signal, backed up by the MACD and ROC, shows that XRP may be ready to recover – at least in the short term.

Short-term prediction:
If XRP stays above $2.29, it could bounce toward $2.38–$2.48.

Medium-term outlook:
We may see a sideways trading range between $2.20 and $2.50, with a possible breakout above $2.50 if market sentiment turns more positive.

For now, XRP seems to be finding its footing – and if buyers continue to step in, the next move could be up.

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The post XRP Price Prediction After This Indicator Flashed ‘Buy’ appeared first on CaptainAltcoin.

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