Crypto analyst Ali Martinez reports that the Tom Demark (TD) Sequential indicator has flashed a buy signal on the 4-hour chart for XRP, following the token's recent pullback from $1.45.
The TD Sequential, a tool used to identify potential price reversals, completed a nine-candle setup of red candles, suggesting a possible bullish reversal. Martinez noted the indicator's recent accuracy, pointing to a sell signal prior to the $1.45 high.
Martinez predicted a move back toward $1.45 resistance, with a secondary target of $1.80 once overhead supply is cleared. XRP currently trades near $1.39, down 1.5% on the day.
