XRP Prints TD Sequential Buy Signal as Active Addresses Surge to 39,500

XRP is displaying multiple bullish technical signals as market analyst Ali Martinez identifies two buy indicators on the daily chart. The TD Sequential indicator printed a '9' buy setup, and a Morning Star Doji candlestick pattern formed over the past three daily sessions, both historically associated with trend reversals following selling pressure. Daily active addresses on the XRP Ledger climbed from approximately 23,000 on June 14 to nearly 39,500, reflecting increased network participation. These technical and on-chain developments emerge as XRP trades at $1.05, positioned below resistance at $1.10 and a potential target of $1.30.

TD Sequential and Morning Star Doji Signal Reversal Setup

The TD Sequential indicator printed a '9' buy setup on XRP's daily chart, a pattern traders monitor for signs of weakening downtrends. This signal historically precedes short-term rebounds lasting one to four daily candles after prolonged selling pressure. The Morning Star Doji candlestick pattern formed across the past three daily sessions, a reversal formation indicating fading bearish momentum as buyers regain control. Traders view this pattern as an early indication of shifting sentiment, though stronger trading volume would provide further confirmation.

XRP Active Addresses Climb from 23,000 to 39,500

Daily active addresses on the XRP Ledger increased from approximately 23,000 on June 14 to nearly 39,500 over the past two weeks, according to data cited by Martinez. The rise in active addresses points to growing network participation and transaction activity, metrics that reflect improving demand and investor interest. This on-chain data reinforces the technical signals emerging on XRP's price chart.

Double-Bottom Pattern Forms at $1.05 Support Level

XRP formed a double-bottom pattern following its recent correction, indicating buyers defended a key support level twice. The structure increases the probability of a breakout above immediate resistance near $1.10. A decisive move above $1.10 would confirm the reversal setup and open the path toward the $1.30 level. XRP currently trades at $1.05 per CoinCodex data, positioned just below the critical resistance zone.

FAQ

What technical signals did XRP print on the daily chart?

XRP printed a TD Sequential '9' buy setup and formed a Morning Star Doji candlestick pattern over the past three daily sessions. Both signals are historically associated with trend reversals following periods of selling pressure.

How much did XRP active addresses increase since June 14?

Daily active addresses on the XRP Ledger climbed from approximately 23,000 on June 14 to nearly 39,500, representing a significant increase in network participation and transaction activity over the past two weeks.