Brace yourselves, XRP holders—it might be time to buckle up! Crypto analyst Ali Martinez has sent out a warning that XRP could be heading for a significant downturn. His analysis is based on multiple sell signals appearing on the bi-weekly chart. Using the TD Sequential Indicator, a technical tool designed to detect trend exhaustion and potential reversals, Martinez believes the market is flashing bearish warning lights.
TD Sequential Flashes Bearish—Should XRP Holders Be Worried?
The TD Sequential Indicator, created by Tom DeMark, isn’t known for knee-jerk reactions. Instead, it’s a slow but reliable tool that identifies key market turning points after prolonged uptrends or downtrends.
According to Ali Martinez, who has been tracking XRP with this indicator since 2022, the latest price action reinforces his bearish outlook. XRP’s drop from $2.60 to its current level of $2.36 has only strengthened his belief that a bigger crash could be on the horizon.
For XRP to avoid further bloodshed, it needs to reclaim the $2.40 level and hold it as support. If it fails, the price could tumble toward the psychologically critical $2.00 mark—a level no XRP bull wants to see.
The next few days could be make or break for XRP. If the price stabilizes above $2.40, it might regain some momentum. But if support fails, things could get ugly fast.
XRP Wipes Out Gains After Disappointing Strategic Reserve Details
At first, XRP had a spectacular rally, shooting up like a rocket after Donald Trump announced that XRP would be included in a strategic crypto reserve. Naturally, investors rejoiced, seeing this as a bullish milestone.
But then—plot twist!—those gains evaporated faster than a meme coin in a bear market. Why? Because new details about the reserve turned out to be underwhelming. Instead of a full-fledged strategic reserve, similar to gold, XRP would merely be part of a “stockpile” alongside other altcoins—a much less impressive move than what investors initially hoped for.
To make matters worse, the highly anticipated White House crypto summit last night turned out to be a snoozefest. Many traders were hoping for positive regulations or market-friendly policies, but instead, they got a whole lot of nothing.
The combination of disappointment over the strategic reserve and the lack of regulatory clarity has severely shaken investor confidence. The fallout is now visible not just in XRP’s price drop, but also in the broader crypto market, where other major cryptocurrencies are also seeing red.
What’s Next for XRP?
Right now, the XRP market feels like a game of Jenga—one wrong move and everything could come crashing down. With technical indicators flashing red and investors feeling jittery, the next few days could be crucial. Will XRP bulls step in to defend the price, or will bears take control?
🚀 Strap in, XRP holders—it’s about to get interesting!
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