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.