XRP Shows TD Buy Signal at $2.28 as Chart Hints at Weekend Rebound

A TD buy signal has appeared on the XRP 4-hour chart around the $2.28 level, suggesting selling pressure may be easing and pointing to a potential weekend bounce.

⬤ XRP is catching traders' attention after the 4-hour chart signaled a potential momentum shift. The Tom DeMark indicator flashed a buy signal—marked by a green "1" and an upward arrow—as XRP trades near $2.28 following a stretch of downward movement.

⬤ The chart shows XRP consolidating in a tight range with alternating candles, a pattern that often comes before a directional change. The TD setup appearing after several declining candles suggests downward momentum may be losing steam.

⬤ While the chart doesn't include specific price targets, the TD "1" candle signals early signs of potential strength. Recent price action has been relatively stable, and the setup points to a possible short-term recovery heading into the weekend.

⬤ This matters because XRP is trading in a sensitive momentum zone, and TD signals often sway short-term sentiment. If the setup plays out and buyers show up, it could shape price action in the coming sessions and shift broader market expectations around XRP.

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Saad Ullah E-mail Twitter Facebook

Saad is an engineer with more than a decade of experience in FMCG companies. He loves to write about innovative tech and blockchain.