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XRP Daily Chart Shows Three TD Sequential Signals Near $1.31

The readings appeared after a decline from around $1.50, but they do not confirm a market bottom.

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A metal token rests beside a descending etched line / TokenPost.ai
A metal token rests beside a descending etched line / TokenPost.ai

A daily-chart cluster of three TD Sequential readings put XRP near a possible exhaustion point at about $1.31 on Oct. 15, though the signals do not establish that the decline has ended.

The readings — Sequential 13, TD 9 and Aggressive 13 — appeared around the same price zone after a decline from around $1.50. XRP moved lower through much of October before reaching the area. A TD 9 tracks consecutive closes that can indicate a trend has stretched, while the 13-count readings cover a longer exhaustion phase. Together, the signals may indicate a maturing decline, but a reversal would still require a price response.

If the $1.30-$1.32 area holds, $1.40 is the first recovery level, followed by resistance near $1.50. The decline accelerated after XRP fell below $1.50, making that level a more substantial test. If XRP makes new lows, the signals will not have marked an immediate turn.

Earlier four-hour TD Sequential readings for Bitcoin (BTC), Ether (ETH) and XRP involved a shorter timeframe than the current daily-chart setup.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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