XRP has spent the better part of three months in a sustained downtrend, falling from a January peak above $2.40 to lows near $1.28 in early April as selling pressure mounted across the broader cryptocurrency market. Trading in a range between $1.33 and $1.45.
The SuperTrend indicator is printing a signal that has not been seen since XRP traded at its peak in 2026, and analyst Ali Martinez says it could be the beginning of a meaningful trend reversal.
SuperTrend signals a break from months of selling pressure
XRP is You start showing early signs Of a shift in momentum, with the SuperTrend now shifting in favor of buyers after weeks of bearish pressure. The move comes after the entire industry saw inflows last week, with… Bitcoin is falling higher 78,000 USD and the capital moves to high-cap altcoins.
Martinez cryptoanalyst He highlighted a remarkable development on the daily chart of XRP, indicating a bullish reversal in the SuperTrend indicator for the first time since January 17. This indicator, which tracks the direction of the trend and acts as a dynamic support or resistance range, has been mostly in sell mode for about four months.
XRP reached $1.50 on April 17 before closing the daily session at $1.4. It was this close, marginally above the SuperTrend line, that triggered the bullish reversal. The upside shows that the downward momentum has weakened enough Allow buyers to recover Kind of control. As shown in the chart below, the SuperTrend range is now located below the price action.
XRP daily chart. Source: alicharts on X
The path to $1.90 opens if the breakout continues
Despite the improving setup, XRP is approaching what could be its most important level in the near term. A bullish SuperTrend signal is a necessary condition for a trend reversal, but it is not sufficient. Martinez identified $1.55 as the level that will determine whether the signal will lead to a sustained rally or fizzle out into another failed attempt.
About 60% of the circulating supply of XRP It is held in The average cost is near $1.44, meaning that each push towards the $1.40 to $1.45 area has hit a dense wall of underwater holders looking to get out. A clean daily close above $1.55 would remove excess supply and, according to Martinez, cause a comfortable rally.
If XRP can break above $1.55 with a strong daily close, the next phase of the move could happen very quickly. Martinez points to the $1.90 area as the primary upside target for the expected move.
At the time of writing, XRP is trading at $1.42. SuperTrend now plays a very important role. As long as the price remains above it, the indicator will continue to do so Acts as redundant support With a buy signal.
Featured image from Unsplash, chart from TradingView
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