XRP News Today: XRP Technical Indicator Flashes Bullish Signal Amid Bitcoin's Declining Dominance

XRP investors have turned their attention to a key technical indicator that has once again flashed a bullish signal, raising expectations for a potential price rebound. The TD Sequential metric, known for its accuracy in identifying market exhaustion and reversal points, previously signaled XRP's all-time high of $3.65 in mid-July. Now, it has again turned green, this time on an hourly timeframe, reinforcing the notion that the altcoin may be entering a favorable phase for upward movement [1].

Ali Martinez, a prominent analyst who frequently references the TD Sequential, highlighted that the hourly chart confirmed a buy signal, suggesting that XRP may be on the verge of a rebound. This comes after the token dipped to a three-week low of $2.81 on Bitstamp, following a breakdown below the $3.00 support level [2]. Although further declines to as low as $2.10 were initially feared, the current technical setup has generated optimism among traders that XRP has reversed its trajectory.

In addition to the TD Sequential signal, XRP has demonstrated strength against Bitcoin. According to CRYPTOWZRD, XRP closed bullish on the BTC pair, indicating potential for further upside as Bitcoin’s market dominance continues to decline. Over a 24-hour period, Bitcoin’s dominance metric fell from 57.9% to 57.4% on CoinGecko, reinforcing the view that altcoins may benefit from a relative weakening of Bitcoin’s influence [3].

The $3.02 level, previously a strong support, has now become a critical resistance point. Analysts are watching closely to see if XRP can hold above this level for an extended period, which would be a positive sign for a resumption of the upward trend. Meanwhile, the broader crypto market remains under pressure, with major assets such as ADA and BTC experiencing sharp corrections. XRP’s distinct technical positioning and institutional interest have made it a focal point for traders seeking opportunities amid market volatility.

Despite the encouraging indicators, analysts caution that technical signals alone do not guarantee continued gains. Market conditions are still shaped by macroeconomic factors, regulatory developments, and overall sentiment in the digital asset space. Traders are advised to monitor on-chain activity and price behavior on lower timeframes for further confirmation of a sustained recovery.

As the XRP community remains on alert, the convergence of multiple bullish signals and Bitcoin’s declining dominance may provide the necessary conditions for a renewed rally. If XRP can break through key resistance levels and sustain momentum, it could reinforce confidence in the asset’s long-term potential.

[1] https://cryptopotato.com/xrp-army-on-alert-as-another-key-indicator-flashes-green/

[2] https://bitscreener.com/crypto-news

[3] https://cryptopotato.com/