XRP May Be Reversing: TD Sequential Buy, Long-Term Accumulation and Triangle Could Target $3.65

• TD Sequential flashed a buy near $2.95; immediate resistance sits at $3.04–$3.10.

• Analyst Egrag Crypto notes a ten-month accumulation, arguing against Wyckoff distribution interpretations.

• CRYPTOWZRD identifies an XRPBTC symmetrical triangle; a bullish breakout could target ~$3.65.

Meta description: XRP price shows a TD Sequential buy near $2.95, long-term accumulation, and triangle setup; monitor $2.95 support and $3.10 resistance for next moves.

XRP shows signs of slowing bearish pressure as analysts note a TD Sequential buy signal, long term accumulation, and triangle setup.

• XRP’s TD Sequential flashed a buy signal near $2.95, with analysts eyeing resistance between $3.04 and $3.10.
• Analyst Egrag Crypto stressed XRP has been in accumulation for ten months, rejecting Wyckoff distribution interpretations.
• CRYPTOWZRD noted XRPBTC’s symmetrical triangle, predicting a breakout could drive XRP toward the $3.65 level.

What is the XRP technical outlook after recent price action?

XRP price technical analysis shows a potential short-term reversal: a TD Sequential buy signal around $2.93–$2.95 and weakening bearish candles point to diminishing selling pressure. If $2.95 support holds, buyers could retest $3.04–$3.10 resistance; failure risks a deeper pullback below $2.90.

How does the TD Sequential signal affect XRP price?

The TD Sequential printed a “9” count near $3.04 with an upward arrow, a classic exhaustion marker that often precedes a short-term bounce. Traders use the signal to time entries; confirmation requires a close above immediate resistance or sustained strength around the $2.95 support zone. Volume and candle-body size should confirm the move.

Why do analysts view the recent candles as weakening bearish momentum?

Price fell from above $3.10 into the $2.93–$2.98 band with large red candles followed by smaller bodies, indicating reduced selling intensity. A white candle closed at $3.0050 (+0.51%), suggesting sellers may be losing immediate control. Traders typically look for confirmation in follow-through volume and higher lows.

How does the accumulation thesis change the outlook?

Analyst Egrag Crypto argues XRP has been in accumulation for ten months, which supports the idea that large holders are building position rather than distributing. This contrasts with Wyckoff distribution scenarios and implies that a breakout, once occurring, could have stronger momentum due to built-up demand.

What does the XRPBTC symmetrical triangle signal mean?

CRYPTOWZRD highlights a symmetrical triangle on XRPBTC, a consolidation pattern that frequently resolves with a directional breakout. A bullish breakout in this structure could align with USD bullish targets and push XRP toward approximately $3.65, while a bearish break would likely revisit lower support zones.

Source: Ali on X

When will traders know the next directional bias?

Monitor the $2.95 support and the $3.04–$3.10 resistance band. Clear daily closes above $3.10 with rising volume would favor a bullish confirmation. Conversely, decisive breaks below $2.93 with increased selling volume would indicate resumed downside risk and potential extension to lower support levels.

Frequently Asked Questions

What does a TD Sequential ‘9’ mean for XRP price action?

A TD Sequential ‘9’ signals potential trend exhaustion and a near-term reversal opportunity. For XRP, the ‘9’ near $3.04 suggests a possible bounce if buyers confirm with follow-through price action and volume over the next sessions.

How should I trade around the $2.95 support?

Use $2.95 as a risk-management reference: consider scaled entries if support holds with confirming candles and volume, and set stops below $2.90 to limit downside on failure.

Key Takeaways

• TD Sequential buy: A ‘9’ near $2.93–$2.95 indicates short-term exhaustion and a potential bounce.
• Accumulation context: Ten-month consolidation suggests larger structural accumulation rather than distribution.
• Triangle breakout watch: XRPBTC’s symmetrical triangle could drive USD targets to ~$3.65 on a bullish resolution; monitor volume for confirmation.

Conclusion

XRP price technical analysis points to a possible short-term reversal if $2.95 support holds and resistance at $3.04–$3.10 is challenged. The combination of a TD Sequential buy, long-term accumulation thesis, and symmetrical triangle merits attention from traders; watch volume and daily closes for confirmation and manage risk accordingly. COINOTAG will monitor updates and report developments.