2 Big Reasons Why Ripple (XRP) May Be Ready for a Bull Run

NewsMon, 10 Aug 2026 11:39:43 UTC2 hours ago
2 Big Reasons Why Ripple (XRP) May Be Ready for a Bull Run

Ripple’s cross-border token has retraced by 3% over the past week and 7% on a monthly scale, currently trading at around $1.03 (per CoinGecko).

However, the popular analyst Ali Martinez outlined two factors that could serve as catalysts for a potential upcoming rally.

Major Pump Ahead?

According to him, the first element is the Tom DeMark Sequential indicator, which has flashed a buy signal on XRP’s monthly chart, “hinting at a possible macro shift from bearish to bullish momentum.”

He noted that over the last six years, this metric has marked several major reversals, including a 1,074% price explosion in April 2020 and a 973% jump in August 2022. In contrast, XRP nosedived by 57% in April 2025 after the indicator flashed a sell signal.

The second reason is the whales’ buying spree. Martinez revealed that large investors have scooped up more than 380 million XRP (worth nearly $400 million) in the past seven days. Their total holdings have risen to approximately 8.2 billion tokens, representing 13.1 of the asset’s circulating supply.

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