Three Signs XRP Is Now Undergoing a Trend Shift from Bearish to Bullish


XRP currently shows early signs of a bullish shift as whale accumulation and technical indicators point to a possible trend reversal.


Crypto analyst Ali Martinez recently highlighted three signs that XRP may be going through a possible trend shift. These signs include a SuperTrend buy signal, increased whale accumulation, and a tightening triangle pattern.

Key Points

  • XRP has embarked on a rebound push alongside the broader market, currently trading for $1.45.
  • Ali Martinez identifies three signs that XRP may now be going through a trend shift from bearish to bullish.
  • The SuperTrend indicator flipped bullish for the first time since January.
  • Santiment data shows whales accumulated about 360 million XRP within the week.
  • A symmetrical triangle pattern now suggests a potential 35% breakout move if resistance breaks.

XRP SuperTrend Shows First Bullish Signal Since January

Martinez presented his recent analysis as XRP recovers along with the broader crypto market. Specifically, the price climbed to $1.51 last Friday, but this move did not hold through the weekend. By Sunday, April 19, XRP had dropped to $1.39.

However, this week, buying interest has picked up again. At the time of writing, XRP has moved back above $1.45, suggesting that traders are stepping back in.

Amid the upward push, Ali Martinez believes XRP may be moving from a bearish phase into a bullish one. He based this suggestion on three signals, starting with the SuperTrend indicator on the daily chart.

According to him, the indicator has now turned bullish for the first time since Jan. 17, after showing sell signals for several months. This change suggests that selling pressure has eased, and the market could be preparing for a reversal.

XRP SuperTrend Ali Martinez
XRP SuperTrend | Ali Martinez

However, Martinez noted that XRP still needs to pass an important test. Notably, the $1.55 level remains a strong resistance that has held back recent price moves. 

If XRP manages a clear daily close above $1.55, it could confirm a breakout and lead to a relief rally. In that case, the next target would sit around $1.90, and the SuperTrend indicator would act as a support level during the move.

Whales Amass Over 360M XRP

The second factor that points to this possible trend shift is increased buying from large holders. Martinez confirmed that data from Santiment shows whales have added about 360 million XRP over the past week.

According to the charts, wallets holding between 10 million and 100 million XRP raised their total balance from 11.21 billion XRP on April 19 to 11.57 billion XRP today, confirming the accumulation claim. 

XRP Whale Accumulation Santiment
XRP Whale Accumulation | Santiment

Interestingly, smaller whale groups are also adding to their positions. Specifically, addresses holding between 1 million and 10 million XRP increased their holdings from 3.72 billion XRP on April 20 to 3.79 billion XRP today, indicating that they have bought 70 million XRP within two days.

Potential Symmetrical Triangle Breakout

The third signal comes from XRP’s price pattern on lower time frames. According to Martinez, as the broader trend begins to change and more supply leaves exchanges, the charts show a symmetrical triangle forming.

This pattern started after XRP fell from $1.90 in late January. Since then, the price has made lower highs and lower lows, gradually tightening into a smaller range. This situation often appears before a massive move, as the market builds pressure.

Current data suggests the pattern could lead to a 35% price move once a breakout happens. If XRP breaks above the $1.55 resistance with a daily close, it would confirm the move and point toward the $1.90 target. Martinez added that this bullish outlook remains valid as long as XRP stays above the $1.30 support level.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.





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