Overview
- Analyst Ali Martinez reported a fresh daily TD Sequential sell signal on XRP, noting the tool’s recent responsiveness but stressing probabilistic outcomes.
- XRP trades around $2.62–$2.64 after reclaiming $2.60, with buyers failing so far to sustain a break above the $2.69–$2.70 ceiling.
- The last four TD sell prints preceded drops of about 24%, 17%, 13% and 13%, an average near 16.75% that would imply roughly $2.20 if repeated.
- AMBCrypto cites a rapid netflow swing from $31.6 million in outflows to $653,000 in inflows on spot venues, a shift often associated with rising sell pressure.
- A tight cluster of short liquidations at $2.68–$2.70 on Binance fueled a brief squeeze and underscores $2.70 as a pivotal level, with $2.40 flagged as nearby support.