- XRP flashed a new TD Sequential buy signal on the four-hour chart
- Analysts target $1.45 first, with $1.80 as the next resistance zone
- Support between $1.36 and $1.38 remains critical for bullish momentum
XRP is back in focus after analyst Ali Charts highlighted a fresh buy signal on the four-hour chart using the TD Sequential indicator. The signal appeared after XRP corrected nearly 5.5% from its recent $1.46 local top. Traders now believe the pullback may be ending, with momentum potentially shifting back toward higher resistance levels near $1.45 and $1.80.
XRP Buy Signal Appears as Market Compression Intensifies
According to Ali Charts, the TD Sequential indicator has accurately identified several recent XRP trend reversals. The analyst previously highlighted a sell signal near the $1.46 peak on May 6, which was followed by a notable correction over the next two days.
Now, XRP has flashed a new buy signal on the four-hour timeframe. Analysts interpret the setup as a possible sign that selling exhaustion is fading. Ali Charts expects XRP to revisit the $1.45 resistance area if bullish momentum continues building.
The broader market structure also supports the possibility of a breakout move. XRP remains trapped inside a tightening triangle formation where price compression has steadily increased. Market analyst Don Digital Finance noted that repeated attempts to break above the upper resistance trendline near $1.42 have failed so far.
XRP Resistance Levels Hold Key to Next Major Price Move
The most important resistance zone now sits between $1.44 and $1.45. Analysts believe a clean breakout above that area could confirm bullish continuation and potentially open the path toward the secondary target near $1.80.
However, XRP still faces strong overhead selling pressure. Each move into resistance has attracted fresh supply, preventing a decisive breakout.
Support levels between $1.38 and $1.36 remain critical for maintaining the bullish setup. A breakdown below that region would invalidate the current triangle structure and increase the risk of a deeper retracement.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
