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XRP Shows Buy Signal on TD Sequential as Analysts Eye $11 Breakout

XRP price could be poised for a recovery after its weekend slide.

Over the past few months, XRP has been the center of attention in the crypto space amid a sharp rally to seven-year highs on the back of expected regulatory clarity under the incoming Donald Trump administration.

While that price rally has slowed over the past few weeks, analysts remain bullish on the asset’s potential. In the latest instance, one analyst has highlighted a potential long signal and key levels to watch.

Hints of XRP TD Sequential Rebound

XRP price could be poised for a recovery after its recent 7% drop over the weekend from highs of $2.5090 to lows around the $2.3273 price point, according to prominent crypto analyst Ali Martinez.

The analyst revealed this in a post on X on Sunday, January 5, highlighting a TD Sequential buy signal on the asset’s 4-hour candlestick chart. For starters, the TD Sequential indicator helps traders spot price reversals instantly. The indicator does this by measuring the closes of previous candles.