Crypto analyst Ali Martinez has warned that XRP may be approaching another downturn after the Tom DeMark (TD) Sequential showed a new sell signal on the daily time frame. In a new video and transcript shared alongside a TradingView chart of the Binance
Is XRP Poised for a Greater Than 16% Drawback?
Martinez anchored the call in a series of recent TD prints that he says involved notable reversals. “On July 22, a sell signal resulted in a 24% correction. On August 8, a sell signal led to a 17% pullback. On August 23, a sell signal resulted in a 13% decline. On September 15, another sell signal preceded a 13% dip. On September 27, a buy signal resulted in a 12% recovery. On October 22, a buy signal led to a 14% increase. Now the TD gave Sequential Indicator just issued a sell signal, indicating a pullback may be coming.”
The chart above shows the daily candles for the XRP/USDT perpetual on Binance with TD marks annotated at the swing points mentioned. It shows declines and rebounds close to the magnitudes Martinez lists, with boxes indicating moves of about −23.9%, −17.75%, −12.34%, and −12.89% after previous selling numbers, and rebounds of about +12.26% and +14.25% after the late September and late October buy signals.
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The latest candle is labeled with a new “9” sell tag near the $2.64 area shown on the chart, underscoring the analyst’s warning that the next impulse could be lower if the pattern holds.
TD Sequential signals are timing tools, not directional guarantees, and their effectiveness is typically judged retrospectively by how consistently they appear near depletion points. Martinez’s argument is empirical and limited to the recent three-month sample visible on his map, where the recorded signals coincided with local peaks and troughs to a remarkable degree.
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The current setup therefore revolves around whether XRP respects the latest selling print as it did in July, August and mid-September, or whether the market breaks that cadence, as occasionally happens in trending environments.
Martinez does not project targets or durations beyond the historical analogues he lists, and the only explicit conclusion he draws is that another phase of correction is statistically plausible given the recent behavior of the TD signals on the daily chart. Based on the four most recent TD sell signals (−24%, −17%, −13%, −13%), the average decline is ~16.75%, which – applied to the current price on the chart around $2.64 – would imply a potential downside towards around $2.20 if the pattern repeats.
At the time of writing, XRP was trading at $2.64.
Featured image created with DALL.E, chart from TradingView.com