XRP has recently become the focus of investors, retreating from $ 1.53 to $ 1.38. In this activity in the market, technical analysis signals and liquidation processes in futures markets attract attention. The TD Sequential signal, which is frequently used in the cryptocurrency market, indicates the possibility of a potential recovery in XRP.
Technical Signals Draw Attention to the Critical Point
The nine-point buy signal on the 12-hour chart of TD Sequential showed that there may be fatigue in the selling pressure. It is known from previous cycles that this technical indicator works with an accuracy rate of approximately 70 percent, especially in short-term market movements. Analysts emphasize that such signals alone are not sufficient and other parameters such as price behavior and trading volume must also be confirmed.
Currently, XRP is trading within an important support band and is near the lower limit of the downtrend. While the $1 level stands out as a psychological limit, the price can be expected to move upwards if this band is maintained. From a technical perspective, the coming together of multiple support points increases the likelihood of a price reaction in this area.
In addition to technical indicators, there was also a striking development in the futures market. The leverage ratio in the futures markets quickly decreased to 0.14. Investor and market commentator CW stated that the positions of many investors using leverage were liquidated and gave the following opinion:
All leveraged positions were liquidated. Generally, when the leverage ratio drops to these levels, the market appears to have bottomed.
Previously, in a similar period in November 2024, XRP fell to $ 0.90 and then recovered. Periods when liquidations are intense can lead to dampening of excessive speculative movements and ensuring price balance.
2 Dollar Limit and Global Effects in the Focus of the Market
The current price chart of XRP shows several important technical indicators converging in the same area. These include the lower boundary of the falling channel, long-standing structural support, and the $1 psychological level. This concentration is frequently considered a reversal signal in technical analysis and increases the likelihood of the price reacting upward.
Bitcoin’s overall performance and global liquidity conditions continue to be decisive in the future course of the market. Bitcoin also puts pressure on altcoins by influencing the overall sector direction. Global liquidity, policies of central banks and capital flows into digital assets also shape the long-term course of cryptocurrencies like XRP.
Technological developments in the XRP ecosystem, the growth of financial partnerships and increased regulatory clarity also continue to play an important role on the price of XRP.
The main price levels to watch for the short term are support in the $1.30-1.37 band, intermediate resistance near $1.53, and an important resistance point around $2. An upward transition may strengthen positive expectations in the market. If support is lost, downside risks are predicted to increase.
