XRP’s Short-Term Recovery Potential: Analyst Ali Martinez Urges ’Buy Now’ Amid Bearish Dip

Despite XRP's recent bearish trend, dropping below $3.10 due to intense selling pressure, top market analyst Ali Martinez has identified a potential short-term recovery opportunity. Martinez highlights a TD Sequential buy signal and emphasizes the critical support level at the 0.382 Fibonacci retracement level of $3.04. His bullish stance comes amid a minor rebound, suggesting seller exhaustion. This analysis provides a compelling case for investors to consider accumulating XRP at current levels, anticipating a near-term price rebound.

Top Analyst Urges 'Buy XRP Now' Amid Bearish Dip

XRP has slipped into bearish territory, trading below $3.10 amid intense selling pressure. The token's sharp decline was briefly interrupted by a minor rebound, suggesting potential exhaustion among sellers.

Market analyst Ali Martinez counters the pessimism, pointing to a TD Sequential buy signal. "Buy XRP now," he tweeted, anticipating a short-term recovery. The call comes as XRP tests the 0.382 Fibonacci level at $3.04—a critical support zone that algorithms appear to be targeting.

All eyes now turn to the $3.21 resistance level. Reclaiming this price point could confirm a local bottom and ignite upward momentum. Failure may trigger a retest of $3 support, though chart patterns suggest the worst selling may be over.

XRP Price Tests Key Support Level Amid Bearish Pressure

XRP has dipped into bearish territory, slipping below the $3.10 threshold as selling pressure dominates early trading sessions. The token briefly touched $3.04—a critical Fibonacci retracement level—before showing tentative signs of stabilization.

Analyst Ali Martinez flags a TD Sequential buy signal, suggesting potential for a near-term rebound. "Buy XRP now," he tweeted, pointing to historical patterns where such indicators preceded rallies. Meanwhile, Casi Trades attributes the volatility to algorithmic trading strategies actively managing liquidity zones.

The $3.21 level emerges as a decisive battleground. Reclaiming this former support-turned-resistance could confirm a local bottom, while failure may retest the $3.04 floor. Market participants watch closely as XRP's price action at these technical levels may dictate short-term momentum.

XRP Price Under Pressure as Ripple Co-Founder Moves $170M in Tokens

XRP faces renewed bearish momentum following a series of high-volume transfers by Ripple co-founder Chris Larsen. Blockchain data reveals 50 million XRP ($170M) moved to multiple wallets on July 17, including two addresses potentially linked to exchanges. This follows a separate $26M transfer to Coinbase days earlier.

The market reaction has been swift. Over 450 million XRP ($2.8B) flooded sell orders last week, reflecting eroding confidence in near-term price recovery. XRP currently struggles below the critical $3.18-$3.25 resistance zone, trading NEAR $3 despite a brief bounce from $3.04 support.

Technical indicators suggest potential for reversal, with the $3.04 level aligning with Elliott Wave Theory support. Yet the shadow of large holder movements looms - "When whales shift positions, minnows scramble," observes one blockchain analyst tracking the transactions.

XRP Volatility Spikes With $105M in Longs Liquidated Amid ETF Jitters

XRP experienced an 8% decline during the July 24–25 trading session, swinging between $2.96 and $3.26. Early gains were erased as profit-taking intensified near resistance levels, triggering a liquidation wave that wiped out over $105 million in long positions.

Despite the selloff, support held firm at $3.06–$3.10, with late-session activity suggesting potential stabilization. Institutional sellers dominated amid growing concerns about potential delays in ETF approvals.

Notable developments included Nature’s Miracle’s $20 million XRP treasury plan and Brazil-based VERT’s $130 million blockchain solution built on the XRP Ledger. Trading volume surged to 175.94 million—more than double the average—as price action remained volatile.

XRP Price Prediction and Target For January 2026

Jake Claver, CEO of Digital Ascension Group, forecasts a dramatic surge for XRP, projecting a potential price range of $1,500 to $2,000 by January 2026. This bullish outlook hinges on a confluence of global financial events, including a liquidity crisis, regulatory scrutiny of Tether, and XRP's emergence as a bridge asset.

Claver's analysis suggests a reverse carry trade could destabilize liquidity markets, while U.S. stablecoin legislation may redirect capital toward regulated assets like XRP. Behind-the-scenes regulatory discussions involving the CFTC, SEC, and DOJ could further catalyze this shift if Tether faces operational challenges.

The prediction assumes institutional adoption will accelerate as traditional finance seeks crypto alternatives. Market dynamics in 2025—particularly capital flight from stablecoins—could position XRP for unprecedented growth as a liquidity solution.

XRP Drops 14% After $175M Transfer to Exchanges by Ripple Co-Founder's Wallet

XRP fell sharply from its recent record high after a wallet linked to Ripple co-founder Chris Larsen moved 50 million tokens—worth approximately $175 million—to centralized exchanges. Blockchain analyst ZachXBT reported that $140 million of the total was sent to trading platforms, signaling potential liquidation intent.

The transfers followed XRP's peak at $3.64, with the token now stabilizing near $3.08 after a 10% intraday drop. The sell-off triggered $105 million in long position liquidations during Thursday's broader crypto market downturn.

Despite the pullback, traders maintain bullish medium-term targets around $6. Larsen's affiliated wallets still hold 2.81 billion XRP, representing 4.6% of the token's total market capitalization.