- XRP rebounds near $2.05 as buyers defend key daily support
- Analyst flags TD Sequential buy signal after selling pressure fades
- Price holds consolidation range while resistance near $2.20 remains intact
Crypto market analyst Ali Martinez highlighted a shift in XRP’s short-term market behavior after a fresh reaction near a closely watched support zone. In a recent post, he noted that a TD Sequential buy signal emerged as price stabilized and rebounded, pointing to fading selling pressure rather than speculative momentum.
The update quickly drew attention across trading desks as XRP showed resilience near defended levels, while price action indicated buyers stepped in around $2.00 to $2.05, limiting further downside. That response supported the idea of short-term stabilization following recent weakness, as recent candles reflected steady absorption of sell pressure rather than aggressive liquidation.
Moreover, XRP maintained its position above key support while remaining below nearby resistance, with the asset trading near $2.10 and keeping the broader consolidation structure intact. This behavior suggested the rebound was technically driven instead of sentiment-fueled, as volume activity increased modestly during the move and supported buyer participation.
However, XRP did not reclaim the $2.20 resistance level, capping immediate upside potential, while the market response remained controlled without sharp volatility expansion.
Also Read: Crypto Market Turns Red as Bitcoin, Ethereum, and XRP Post Daily Losses
Chart Structure Shapes Near-Term XRP Outlook
The daily chart showed XRP holding above support while failing to challenge recent highs, a structure reflecting short-term balance between buyers and sellers. Momentum indicators suggested selling pressure had weakened without signaling overextension, an environment that typically favors cautious positioning over aggressive trend bets.
Source: Tradingview
Risk levels remained clearly defined below the current support zone, where a decisive move lower could invalidate the buy setup. Traders continued monitoring price behavior as XRP consolidated near defended levels, while the rebound left the broader range structure intact.
This behavior indicated the setup influenced short-term sentiment rather than long term direction, keeping expectations restrained. XRP’s movement reflected technical positioning instead of external catalysts, leaving market focus on sustaining stability above support for further upside development.
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