XRP flashes major buy signal; Is $2.5 next?

While the price of XRP has been weighed down by broader market sentiment, the asset’s technical indicators suggest it might be gearing up for a rally, with the $2.5 resistance level in ￰0￱ this end, XRP may be entering a bullish reversal after a prolonged correction, as the TD Sequential indicator has flashed a buy signal on the daily chart, with confirmation possibly imminent, according to insights shared by Ali Martinez in an X post on November ￰1￱ price analysis chart.) and 200-day SMA ($2.65), confirming short-term bearish pressure despite the longer-term uptrend remaining technically ￰2￱ narrow $0.01 gap between the two SMAs signals weakening momentum and raises the risk of an impending death cross if selling persists.

Meanwhile, the 14-day RSI at 42.26 (neutral) shows neither overbought nor oversold conditions, indicating balanced momentum but leaning slightly downward, with no strong reversal signal ￰3￱ image via Shutterstock