The XRP price has been pumped about 11 % in the last two days and is now trading at $ 2.69.
This is still less than the current running of the Ripple’s code, which is about $ 3.30 in January. However, Ali Martinez, an old encryption warrior with more than 120,000 followers on X, only posted a viral XRP chart with a worrying mark for their owners.
Signs indicate a possible XRP withdrawal
Before diving in the analysis, it is worth explaining the TD sequence index. It was created by market analyst Tom Demark, and this technical tool for traders helps to discover possible market repercussions. When the “9” sign appears, this usually means that the current trend may run out of steam and can be reflected soon. Many encryption traders depend on this indicator because it contains a busy record of predicting price courses.
Looking at the Ali’s XRP scheme for 3 hours, we see some red flags. TD serial Just a sign of sale “9”, which indicates that the last upward step may be tired. Although XRP was in a nice running case, as she jumped by 11 %, the latest price procedure does not seem strong as before.
$ Xrp You can prepare to withdraw, as the Sequential TD indicate sales signal on the graph for 3 hours after a height of 11 %! pic.twitter.com/k8Setfiq8f
Ali (ali_charts) February 20, 2025
The XRP price is currently declining from $ 2.75 and $ 2.80, and it appears to be having difficulty paying higher. Modern candlesticks are also smaller, which often occurs before prices drop.
XRP levels are important to monitor
If you are seeing XRP, pay attention to a range of $ 2.65 -2.70 dollars. This is where buyers may interfere if the price begins to decrease. But if it decreases below this area, we may see a greater decline.
In order for XRP to climb, it must remain above $ 2.70 and eventually decrease $ 2.80. This would show that buyers are still in control. However, with a current TD sequence signal and poor price, the short -term decrease appears to be more likely.
The way traders now behave indicates that some of them are spent on their profits. When this combines with the technical signals we see, it seems that XRP may need a break before its next large movement.
Also read: Could the price of XRP reach $ 10 in this bull run? This coded coding can exceed less than its value on the Ripple icon
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