XRP News Today: XRP Bullish After TD Sequential Signal Whale Accumulation Suggests 60% Price Surge

XRP has recently attracted attention from traders and analysts following a bullish signal from the TD Sequential indicator, a technical tool developed by Tom DeMark to identify potential trend reversals. The signal, highlighted by crypto analyst Ali Martinez on X, appears on the 4-hour chart and suggests that bearish momentum may be waning after the indicator completed a full “9” count of consecutive red candles. This setup, historically associated with price rebounds, has led Martinez to assert, “Buy $XRP now, says the TD Sequential indicator!” [1]. The indicator’s methodology involves tracking candle patterns to detect overextended trends, and its latest reading aligns with past instances where XRP responded favorably to similar setups [1].

The technical case for XRP is further reinforced by on-chain activity. Whale wallets have accumulated over 280 million XRP in the past 10 days, a move that reduces circulating supply and signals confidence among large holders. Such accumulation often precedes upward price movements, particularly when combined with technical catalysts like the TD Sequential signal. Analysts suggest that this buying pressure, coupled with the indicator’s reading, creates a conducive environment for a short-term rally [1].

Price action also supports a bullish narrative. XRP recently corrected from a local high of $3.65 to $3.13 before stabilizing near $3.16. The consolidation around the $3.10–$3.20 range indicates a potential base for further gains. Key support is identified at $3.00–$3.10, where whale activity has been concentrated, while resistance lies near $3.50–$3.65. A breakout above this zone could validate the TD Sequential signal and align with price targets set by analysts. Veteran trader Peter Brandt has forecast a 60% increase in XRP’s value, targeting $4.47, while others project medium-term goals between $4 and $12 if momentum persists [1].

The broader market environment also favors altcoins. The Altcoin Season Index, a metric tracking momentum in non-Bitcoin cryptocurrencies, has climbed to 75–90, reflecting a shift in investor sentiment toward smaller-cap assets. This trend, combined with XRP’s technical signals, strengthens the case for immediate buying [2]. However, some volatility has been observed, with XRP briefly dipping below $3.20 in early July due to selling pressure from Korean exchanges. Analysts at BTCC caution that XRP’s trajectory depends on sustained buying pressure and regulatory clarity, as ongoing debates around crypto ETFs introduce uncertainty [3].

Binance analysts have added another layer of optimism, citing a “bull flag” formation on weekly charts and setting a $15 price target for XRP. This ambitious projection hinges on the continuation of current technical conditions and broader market dynamics [6]. Meanwhile, the TD Sequential’s signal, while promising, is not a standalone factor. Traders are advised to monitor complementary tools like RSI or moving averages to confirm the reversal [1].

The timing of these developments is critical. With the Altcoin Season Index nearing 90, the market is primed for altcoins to outperform, a historical pattern that could benefit XRP given its volatility. However, the SEC’s delayed decisions on crypto ETFs and other regulatory uncertainties remain potential headwinds. Analysts emphasize that while technical indicators provide a compelling case, investors must balance optimism with risk management strategies.

In conclusion, the convergence of the TD Sequential indicator’s bullish signal, whale accumulation, and supportive technical and market conditions has created a strong case for XRP. Historical patterns suggest that similar signals have led to significant rallies, though past performance does not guarantee future results. The coming weeks will be pivotal in determining whether XRP can sustain its upward trajectory amid evolving regulatory and market dynamics.

Sources:

[1] [This Top Indicator Says "Buy XRP Now". Here's why](https://coinmarketcap.com/community/articles/68829ff5747ff0612d594b4c/)

[2] [Next three weeks pivotal for XRP as Altcoin Season Index ...](https://www.ainvest.com/news/xrp-news-today-weeks-pivotal-xrp-altcoin-season-index-trending-75-90-30-day-gain-2507/)

[3] [XRP Drops Below $3.20: Are Sellers On Korean Exchanges the Reason?](https://www.benzinga.com/crypto/cryptocurrency/25/07/46602627/xrp-drops-below-3-20-are-sellers-on-korean-exchanges-the-reason)

[6] [XRP Price Eyes Possible Breakout, Is $15 Cycle Top ...](https://www.binance.com/en/square/post/27330571071825)