- TD Sequential buy signal flashes for XRP, hinting at a potential price rebound.
- Current support level at $2.9748 could determine the next move.
- Community buzz suggests bullish momentum if resistance is breached.
Price Action Holds at Critical Support
The cryptocurrency market is abuzz with optimism as technical analyst Ali (@ali_charts) highlighted a promising development for XRP. On September 15, 2025, a 4-hour chart of the XRP/USDT perpetual contract on Binance revealed a TD Sequential buy signal, suggesting a potential price reversal. The chart, created with Trading View, shows a downward trend followed by a sharp drop to around $2.9748, with a 1.54% decline. However, the appearance of the buy signal, marked by an upward arrow, indicates that XRP may be poised for a rebound. This signal is part of the TD Sequential indicator, a popular tool among traders to identify trend exhaustion and potential reversals.
Community Sentiment Turns Cautiously Bullish
The chart’s recent price action shows a consolidation phase after a significant drop, with the buy signal emerging as a beacon of hope for XRP holders. The TD Sequential, developed by Tom DeMark, is renowned for its precision in spotting market turning points, making this a closely watched moment.
Community reactions on X are mixed but largely bullish, with users like @BunnyyyTradess and @MutantDogsYC expressing confidence in a strong rebound if momentum holds. The support level around $2.9748 could serve as a critical zone to watch in the coming hours.
Traders Urged to Monitor Support Ranges
he crypto market’s overall sentiment remains cautiously optimistic. While XRP’s immediate future hinges on breaking resistance levels, the TD Sequential buy signal adds a layer of technical credibility to the potential upside. Traders are advised to monitor volume and key support zones, such as the $2.65-$2.30 range mentioned by @Glentoy93 , to confirm the bounce. Whether this signal propels XRP to new heights or fades into consolidation, the coming days will be pivotal for this Ripple-backed asset.
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.