Analysts say XRP buy signals suggest selling pressure may ease after recent correction and consolidation phase.
XRP faces resistance near $1.55 and $1.70, while long-term breakout targets remain above $15.
Holder growth continues rising despite volatility, with XRP stabilizing around the key $1.40 support area.
Analysts Javon Marks and Ali pointed to fresh XRP bullish signals this week. According to Ali, the TD Sequential indicator flashed a new buy setup on XRP’s four-hour chart following a recent 5.5% correction. Meanwhile, Javon Marks said XRP still holds a measured breakout target above $15 as prices approach another technical breaking point.
$XRP just flashed a new buy signal!
The TD Sequential indicator is currently flashing a buy signal on the XRP 4-hour chart. I pay close attention to this setup because it has accurately anticipated every major trend shift in XRP recently.
For instance, on May 6, I noted the… https://t.co/5LQEihOeYq pic.twitter.com/Io0JdcxPOQ
— Ali Charts (@alicharts) May 8, 2026
According to Javon Marks, XRP continues holding a long-term breakout structure despite months of price weakness. He said the asset still carries a measured move target above $15, representing more than a 10x move from current levels.
At the same time, Ali focused on shorter-term momentum signals. He noted the TD Sequential indicator recently issued a buy signal after correctly identifying XRP’s local top near $1.46 on May 6.
Ali said the latest setup suggests selling exhaustion may have ended. He added that XRP could revisit the $1.45 resistance zone before attempting a move toward $1.80.
However, XRP still faces several technical barriers ahead. Resistance currently sits near the $1.55 and $1.70 levels, where previous rallies lost momentum.
Earlier this year, XRP traded near the $2.50 to $2.57 range before entering a prolonged correction. Selling pressure accelerated through December and January as the asset traded below both the 50-day and 200-day moving averages.
Source: Santiment
Notably, XRP experienced a sharp decline toward the $1.20 support zone during February 2026. Trading volume surged during that period, reflecting heavy liquidation activity across the market.
Following the decline, XRP stabilized between roughly $1.30 and $1.45 for several months. That consolidation phase formed while volatility gradually declined.
Meanwhile, both the MA50 and MA200 flattened near the current price region around $1.39 to $1.42. Analysts often monitor those levels for signs of breakout conditions.
While price struggled, XRP wallet growth continued climbing steadily. Data showed total XRP holders increased from about 7.2 million to nearly 7.83 million.
That rise came even as the broader price structure remained weak. In addition, XRP recently reclaimed both major moving averages after recovering from February lows.
Current price action remains near the psychologically important $1.40 area. However, failure to hold above the $1.30 support region could reopen downside pressure in the near term.
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