Crypto analyst Ali Martinez has cautioned that XRP may be approaching another downswing after the Tom DeMark (TD) Sequential flashed a fresh sell signal on the daily timeframe. In a new video and transcript shared alongside a TradingView chart of the Binance XRP/USDT perpetual contract, Martinez said, “XRP could be bound for a correction. The TD Sequential Indicator on the daily chart has been remarkably accurate in calling XRP’s trend reversals over the past three months, and it has just flashed another sell signal.”
The above chart depicts the daily candles for the XRP/USDT perpetual on Binance with TD markers annotated at the cited swing points. It shows drawdowns and rebounds close to the magnitudes Martinez lists, with boxes highlighting approximate moves of about −23.9%, −17.75%, −12.34% and −12.89% following earlier sell counts, and rebounds of roughly +12.26% and +14.25% after the late-September and late-October buy signals.
The latest candle is labeled with a new “9” sell tag near the $2.64 area shown on the chart, underscoring the analyst’s warning that the next impulse could skew lower if the pattern persists.
The present setup therefore pivots on whether XRP respects the latest sell print as it did in July, August, and mid-September, or whether the market breaks that cadence as it occasionally does in trending environments.
At press time, XRP traded at $2.64.
