XRP Buy Signal Sparks Major Move: Analysts Bet Big

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In February, XRP made a coquettish lunge at the velvet threshold of $1.65, only to be nudged back by the cold, indifferent hand of fate. A moon later, the bears-those fashionable phantoms of the market-stirred, and the creature challenged $1.60, then receded as if it remembered it had a life elsewhere. Across the ensuing months, its excursions withered well before those numbers, at $1.50 in April and $1.47 in May, like a wilting bouquet in a too-bright room.

On the bright side, all those refusals were met by fresh, almost theatrical buying power around $1.30, which became XRP’s stubborn, armor-plated support since then. Now, another buying signal has flickered to life, and one wonders whether this time the curtain will rise on something new, or merely replay the old farce with better lighting.

XRP Buy Signal

Ali Martinez, the man who keeps a polite foot in the TD Sequential camp, notes that the indicator has flashed a buy on XRP’s four-hour promenade. The metric, a delicate sieve for exhaustion in either direction, is no infallible seer, yet, in the case of XRP, it wears a reputation for being disarmingly reliable, as the analyst himself observes with a wink.

The most recent cameo occurred on May 6, when it flashed a sell after XRP brushed $1.46, the first flirt with that neighborhood in weeks. The subsequent rejection nudged the token downward by more than 5% in under 48 hours.

Martinez spoke of today’s flash as if it were a whisper from the market’s conscience: “local exhaustion is over, and XRP is ready to rebound.” He mused that the first stride would be toward the same resistance at $1.45 and sketched a bolder horizon at $1.80 “once we clear the overhead supply.”

Major Move Ahead?

This is not the first time Martinez has prophesied the $1.80 horizon for XRP, having murmured of it last week when the asset had settled into a too-tight orbit, perhaps primed for a sizeable leap. Other analysts have doubled down on this melodrama, such as MikybullCrypto, who posted on X that XRP’s triangle consolidation could be nearing its finale, leaving us to wonder which side the breakout will bless with air and light.

Fellow analyst CW believes the balance tilts toward the upside, declaring that “there is absolutely no downside pressure in the futures market.” They labeled the drop to below $1.40 an “artificial decline” and predicted that once this pageant ends, “bigger upward momentum will occur.”

Although the price of $XRP is falling, there is absolutely no downside pressure in the futures market.

This is an artificial decline. On the contrary, net buying of long positions has increased, and Open Interest (OI) is also rising.

Once this short-term trend ends, bigger…

– CW (@CW8900) May 8, 2026

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2026-05-09 06:52