Crypto analyst Ali Martinez points out that a buy signal has been generated on the XRP hourly chart by the TD Sequential indicator Historically speaking, this pattern has hinted at potential rebounds in the past XRP is currently priced at $2.89, which is a roughly 10% decrease in the timespan of the last 7 days According to the crypto analyst Ali Martinez, the TD Sequential indicator has generated a buy signal on the XRP hourly chart . Essentially, this showcases that the recent downward trend may have run its course, possibly setting the stage for a short-term upswing. Historically speaking, the pattern that Martinez shared has hinted at potential rebounds in the past. TD Sequential is a trading indicator that counts price bars (candles) to identify points where a trend is getting tired and is likely to pause or reverse. For XRP, the chart shows a sharp price dip followed by a buy signal. Related: The Same Analyst Who Called XRP’s Top Says It’s Now Time to Buy the Dip However, because this signal emerged on the 1-hour timeframe, there is always the possibility of the rebound being modest or short-lived. Last month, similar bullish signals were… The post Is XRP Ready to Bounce? A New Buy Signal and Falling BTC Dominance Suggest Yes appeared first on Coin Edition .