XRP Just Flashed a Signal That Preceded Massive Rallies as 3 Billion XRP Move at $1.06

After extended periods of price struggles, the price of XRP could be approaching a major bullish reversal, 

Analyst Ali Martinez argued for this possibility on X, saying a reliable technical indicator has flashed a buy signal on the asset’s monthly chart.

As XRP trades near $1.03, Martinez cited historical patterns, whale accumulation and a critical resistance level that could determine whether the coin begins a recovery.

XRP Monthly Chart Flashes Bullish Signal

According to Martinez, the Tom DeMark Sequential has issued a buy signal on XRP’s monthly timeframe. The analyst highlighted three major instances from the past six years where this indicator accurately called XRP’s bottom. 

For instance, a buy signal in April 2020 preceded a 1,074% rally in XRP price. Another buy signal in August 2022 was followed by a 973% advance.

By contrast, an April 2025 sell signal preceded a 57% decline. Martinez suggested that if the latest buy signal is confirmed, XRP could be preparing for another major move higher.

Whales Accumulate 380 Million XRP

Meanwhile, the bullish setup is also supported by whale activity. Citing Santiment data, Martinez revealed that large XRP holders accumulated more than 380 million tokens over the past week.

This massive accumulation adds another bullish element to the technical setup. Such a buying spree suggests that large investors are positioning for a recovery as XRP remains significantly below its earlier 2026 levels.

$1.06 Is the Level XRP Must Break

Despite the improving outlook, Martinez identified $1.06 as the most important resistance level for XRP. According to Glassnode data cited by the analyst, nearly 3 billion XRP were transacted around the $1.06 price area, making it a significant supply and resistance zone.

A monthly close above $1.06 could therefore strengthen the bullish case and open the door toward higher targets. Martinez highlighted $1.35 as the next level to watch, with $1.64 as the next target if bullish momentum continues.

How High Can XRP Go?

For now, XRP remains below the key $1.06 threshold. CoinMarketCap data shows XRP trading at approximately $1.03, down 0.93% over the past 24 hours and 3.32% over the past week. The token is also down roughly 44% year-to-date.

The immediate battle is therefore around $1.06. A sustained monthly close above that level could strengthen the case for a move toward $1.35 and potentially $1.64, which would mean 31% to 59% gains from the current level.

However, until XRP decisively clears the resistance, the projected targets remain potential scenarios rather than confirmed price moves.