Recent signals point towards a potential rebound for XRP prices as the popular crypto analyst Ali Martinez predicts it’s poised to bounce. Following the recent downturn caused by sell-offs from whales, a buy signal on the TD Sequential indicator emerged, suggesting a favorable market condition for investors. 100 million XRP were recently moved off Bitstamp, likely fueled by a wave of buying activity following analyst recommendations. A key factor in this movement is the possibility of a breakout above the pennant pattern formation, which could propel prices beyond $4. The emergence of long-term whale positions below the $2.90 level further supports the potential for a price rebound. However, despite these positive signs, analysts remain cautious about the XRP market’s near-term trajectory and are awaiting key developments such as SEC approval for Ripple’s XRP ETFs and a US bank charter license.