XRP eyes $1.50 rebound as rare 3-day buy signal rears its head — Details
ambcrypto.com
7 h
The Ripple [$XRP] TD Sequential indicator fired another buy signal recently, according to popular crypto analyst and trader Ali Martinez. In fact, at the time of writing, the altcoin was up 1.66% in 24 hours.
However, it’s worth pointing out that it has not had a decisive breakout from its price correction from $1.50 that began earlier this month.
Source: Ali Martinez on X
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The token was only up 1.40% over the past week. The buy signal on the 3-day chart could precede a strong impulse move. The previous three similar signals have been followed by rebounds of 31%, 24%, and 18%.
Whale supply stats help explain $XRP large-holder conviction
Source: Santiment
Crypto intelligence platform Santiment drew attention to the large-holder behavior. A recent post revealed how wallets holding atleast 10 million $XRP were in control of 46.78 billion tokens, or 68.5% of the total supply.
The massive holder cohort now controls the most $XRP it has since November 2022. Moreover, they have continued to accumulate more tokens despite the price difficulties throughout 2026.
It may be a sign of conviction from the largest whales, even as smaller holders sold under pressure due to the recent month’s steady declines.
Santiment also reported that $1.30 was the immediate pivot level swing traders and investors must keep an eye on. If the $1.50-level is reclaimed, the case for a bullish recovery would be made much stronger.
$XRP Futures deleveraging a “positive sign”
Source: Darkfost
$XRP Open Interest on Binance fell to $445 million, below its 180-day moving average at $463 million. This was driven partially by the market-wide slump that forced a price decline from $1.50 in October.
Falling prices helped depress the Open Interest, as it causes the value of existing positions to decrease, wrote crypto analyst Darkfost. Sell-offs triggered by liquidations have also forced the Futures market into a more defensive stance.
This reset could be a positive sign, as deleveraging suggested that Futures pressure on $XRP may be easing.
If the altcoin can stabilize from here and defend the $1.30-demand zone from mid-September, it could boost the chances of a short-term recovery.
Final Summary
The TD Sequential indicator on $XRP’s 3-day timeframe chart flashed a buy signal, which has been followed by substantial gains the previous three times it fired in similar conditions.
Depressed Open Interest could be a positive sign for the market in the form of deleveraging.