XRP flashes major sell signal; Drop to $2 next?
XRP’s ability to maintain its price above the $2.5 support level is now under threat, with technical indicators suggesting the asset is likely to correct. In this case, the TD Sequential indicator, a tool known for predicting market turning points, has triggered a fresh sell signal, according to insights from cryptocurrency analyst Ali Martinez. In an X post on October 29, the analyst noted that the TD Sequential has consistently identified trend reversals for XRP over the past three months. XRP price analysis chart. Source: TradingView Each previous instance marked a notable shift in price momentum, often preceding sharp declines after local highs. The latest signal, appearing as XRP hovers near recent recovery levels, suggests the token could be approaching another correction phase. Based on Martinez’s outlook, XRP has previously turned lower each time the TD Sequential signaled exhaustion, first near $0.74, then $0.68, and later around $0.62, each follo...