XRP is drawing market attention after a widely followed technical indicator flashed a fresh buy signal, suggesting the recent correction may be nearing exhaustion as traders position for a potential rebound toward higher resistance levels.
Crypto analyst Ali Martinez, known online as Ali Charts, highlighted that the TD Sequential indicator has now shifted bullish on XRP’s 4-hour chart. The signal comes just days after the same indicator accurately identified a local top near $1.46 on May 6, preceding a roughly 5.5% pullback across the following sessions.
The new setup is now fueling speculation that XRP could be preparing for another upward move.
At the time of writing, XRP was trading around the $1.38 to $1.40 range, stabilizing after the recent correction. Daily trading volume has remained elevated as traders closely monitor whether the asset can reclaim key resistance near $1.45. Analysts view that level as an important breakout zone that could determine whether bullish momentum strengthens in the near term.
A confirmed move above $1.45 would place attention on the next major resistance region near $1.80, which traders increasingly view as the next upside target if momentum accelerates.
The technical developments come during a broader transition period for the XRP ecosystem itself.
At the same time XRP traders are watching price action closely, the XRP Ledger Foundation has introduced a newly structured leadership team focused on expanding development, governance coordination, ecosystem engagement, and infrastructure growth across the XRP Ledger network.
Related: Kenya Launches XRPL-Based Genomic Identity Pilot With XRP Infrastructure
The foundation announced that Brett Mollin will lead strategic direction and long-term coordination efforts, while longtime XRPL contributor Denis Angell will oversee engineering and protocol development initiatives. The organization also appointed Rene Huijsen to manage operational coordination and Hussein Zangana — widely known in the XRP community as Vet — to lead community engagement and ecosystem communications.
The restructuring reflects broader efforts to strengthen coordination across the XRP Ledger ecosystem as institutional adoption, tokenization initiatives, and decentralized finance activity continue expanding around XRPL infrastructure.
Market participants are increasingly watching whether these ecosystem developments, combined with improving technical momentum, can help XRP regain stronger upside traction after weeks of volatility.
Related: XRP Network Activity Crashes 85% as Ripple CEO Hints at “Something Special” for Holders
While short-term price action remains dependent on whether buyers can reclaim resistance levels, XRP continues to rank among the largest digital assets by market capitalization and remains one of the most closely followed cryptocurrencies among both retail traders and institutional market participants.