XRP Near $2.99 After TD Sequential Buy Signal, Analysts Eye $3.40 Resistance and Possible Path Toward $5–$10

• XRP holds $2.96 support after TD Sequential buy; immediate resistance at $3.04 and next key barrier at $3.40.

• Net volume sentiment exceeds 70%, indicating sustained buying pressure across exchanges and futures markets.

• Analysts highlight institutional catalysts—CME futures plans and a U.S. spot XRP ETF—as drivers toward $5–$10 targets.

XRP price near $2.99 after TD Sequential buy signal; holds $2.96 support, eyes $3.40 resistance — read analysis and trade levels from COINOTAG now.

What is driving the recent XRP price recovery?

XRP price recovered to about $2.99 after a TD Sequential buy signal on the 4-hour chart and improving net volume sentiment. Technical support at $2.96 and short-term resistance at $3.04/$3.40 are the immediate levels that will determine whether the recovery extends toward higher targets.

How significant is the TD Sequential buy signal on XRP’s 4-hour chart?

The TD Sequential buy setup at $2.96 indicates a potential exhaustion of recent selling momentum. Short-term price action showed multiple bullish candles that reclaimed $3.00. While the indicator is widely used by technical traders, confirmation requires sustained volume above the current net sentiment of ~70% and a breakout above $3.40.

XRP trades near $2.99 after a TD Sequential buy signal at $2.96, with analysts eyeing $3.40 resistance and a potential path toward $5–$10.

• XRP holds $2.96 support after TD Sequential buy signal, with resistance at $3.04 and $3.40.
• Net volume sentiment tops 70%, signaling sustained buying momentum across XRP markets.
• Analysts see upside toward $5–$10, boosted by CME futures plans and a U.S. spot XRP ETF.

XRP price action is showing signs of recovery after a prolonged bearish phase, supported by technical indicators pointing to renewed strength. The TD Sequential tool flashed a buy signal on the 4-hour chart, suggesting selling pressure may be easing. At the time of writing, XRP was trading at $2.99, holding above recent lows and stabilizing near key levels. Analysts are monitoring whether this move can establish momentum for a breakout above resistance zones.

How did the TD Sequential signal form and what levels matter?

The XRP 4-hour chart recorded a sequence of bearish candles that pushed price from above $3.10 to $2.96. Analysis by Ali Charts reported a TD Sequential buy setup at $2.96, which served as a base for the rebound. Traders now watch $3.04 as near-term resistance and $3.40 as a breakout level that could open larger targets.

Following the signal, XRP printed several white candles that carried price back above $3.00. Current resistance is near $3.04, representing the upper boundary of recent consolidation. Trading activity shows stabilization, with volume levels supporting this shift. The buy setup remains valid as long as XRP holds above the $2.96 support zone.

Net volume sentiment has improved, climbing toward 70 percent. Historical patterns show that sustained sentiment above 60 percent often precedes continued upward moves. This change in volume dynamics provides additional confirmation of growing buying activity across spot and derivatives markets.

What are the key levels and broader market catalysts?

Immediate support: $2.96. Key resistances: $3.04 (short term) and $3.40 (breakout level). A decisive move above $3.40 could open targets at $5 and higher if momentum and institutional participation persist.

Broader market context includes institutional developments such as announced plans from CME Group to list XRP futures options and the launch of a U.S. spot XRP ETF. These developments—reported across market commentary—are cited by analysts as possible drivers of increased liquidity and price discovery.

Longer-term projections suggest XRP could extend gains above $5 if momentum builds, with some analysts even modeling moves toward $10 under a sustained bullish scenario. Market data in September shows XRP outperforming Bitcoin and Ethereum on relative gains, reinforcing the view of short-term leadership.

Frequently Asked Questions

What level must XRP hold to keep the buy setup valid?

Keep XRP above $2.96 to maintain the TD Sequential buy setup; a drop below this level would invalidate the short-term signal and increase downside risk.

How likely is a breakout to $5 in the near term?

A breakout to $5 requires confirmation via sustained volume, a successful break above $3.40, and continued institutional inflows. Probability increases if net volume sentiment stays above 60–70% over multiple sessions.

Key Takeaways

• Support and resistance: $2.96 support; $3.04 and $3.40 resistances determine short-term direction.
• Technical confirmation: TD Sequential buy signal and net volume sentiment (~70%) support a bullish case.
• Institutional catalysts: CME futures options plans and a U.S. spot XRP ETF enhance liquidity prospects and upside potential.

Conclusion

COINOTAG reporting: XRP price action shows renewed strength after a TD Sequential buy signal at $2.96, trading near $2.99 and testing short-term resistance around $3.04. Hold above $2.96 and a break above $3.40 would favor a move toward $5 or higher. Monitor volume, institutional flows, and confirmed breakouts for trade decisions.