Crypto analyst Ali Martinez has drawn attention to XRP’s monthly chart after a TD Sequential buy signal emerged on the July candle. This development appeared at the $1.109 level, sparking fresh debate among traders about the potential for a reversal after a prolonged decline.
The chart signals a shift
The monthly price chart of XRP presents a clear record of persistent downward momentum that began after XRP reached its all-time high of $3.65 in July 2025. Since that peak, XRP experienced a steady slide, declining for several consecutive months throughout 2025 and extending into the early part of 2026.
In the spring months of March, April, and May this year, price candles became notably compressed, stabilizing with small price bodies below $1.50. When June arrived, XRP suffered another sharp loss, bringing the price close to the $1 mark. As the July candle opened, XRP traded at $1.109, and it was here that the TD Sequential indicator printed its ninth consecutive count, historically known as a buy signal.
The chart of $XRP generated a monthly TD Sequential buy signal, highlighting potential exhaustion in selling pressure and suggesting traders should monitor the coin closely for a possible reversal.
Understanding the TD Sequential indicator
The TD Sequential is a popular technical tool created to help traders identify periods when a prevailing trend may be losing momentum. For a bullish setup, the indicator requires nine consecutive closes where each is lower than the close four periods earlier. On completion of this count, the indicator signals that the downtrend could be approaching exhaustion, possibly paving the way for stabilization or an upcoming reversal.
While not a definitive predictor of a trend change, analysts often watch monthly signals with heightened attention because they aggregate several months of price behavior. Martinez, who has frequently referenced this indicator in his market commentary, acknowledged that a monthly TD Sequential buy signal carries considerable weight in evaluating market sentiment for XRP.
Mini dictionary: TD Sequential, developed by Tom DeMark, is a technical indicator designed to identify potential trend exhaustion and reversal points by analyzing price patterns over a specific series of candles.
Key levels and current outlook
XRP entered July trading near $1, a level widely regarded as a key support zone. Some market participants maintain that XRP could fall below this point, but the formation of the TD Sequential signal has led others to suggest that downward pressure may be ending soon.
If the rebound materializes, resistance is likely at the $1.18 to $1.20 range. A definitive move above this level may be interpreted by traders as evidence of a trend reversal and renewed bullish momentum. July is historically one of the stronger months for XRP, with average gains close to 10%, which could add weight to traders’ cautious optimism. Nevertheless, analysts continue to note that technical indicators like the TD Sequential signal are not guarantees of future price action, particularly in volatile cryptocurrency markets.
| Support/Resistance Level | Significance |
|---|---|
| $1.00 | Key support level |
| $1.109 | TD Sequential 9-count buy signal |
| $1.18 – $1.20 | Resistance zone to watch |
| $3.65 | All-time high (July 2025) |
As the market continues to react to technical signals and historical tendencies, many traders are closely monitoring XRP’s performance in the coming weeks for confirmation of any significant shift in direction.
