XRP Price: Potential Reversal Signals Emerge Amidst Decline

Recent analysis suggests a potential turning point for XRP price as it navigates a period of downtrend since March 26th. The daily chart shows declining trading patterns, with lower highs and lows indicating sustained bearish pressure. However, traders are observing an interesting development – the appearance of a buy signal from the TD Sequential indicator on April 3rd. This signal appears after nine consecutive candles close lower than the previous candle, potentially indicating exhaustion in the downtrend.