XRP's Chart Whispers "Buy Me" While D.C. Shuffles Papers Toward July 20 Deadline 📈
Crypto analyst Ali Martinez said XRP is flashing two bullish reversal signals on its daily chart, pointing to a possible shift in momentum for the token. In a post on X on June 27, 2026, Martinez wrote that the Tom DeMark Sequential indicator has "printed a buy signal via a '9' candlestick," a pattern that "historically anticipates a one-to-four daily candlestick relief rebound." He added that the price action over the prior three trading sessions has formed a "Morning Star Doji" candlestick pattern, which technical traders view as a reversal chart formation that can appear near the bottom of a market. Martinez cautioned that confirmation depends on buyers stepping in, writing, "If buying volume accelerates here, $XRP could rise toward $1.30."
The technical setup comes as U.S. lawmakers work to advance the CLARITY Act, a crypto market structure bill, before Congress heads into its August recess. Lawmakers have set a target of July 20 to move the legislation forward. The bill would define regulatory jurisdiction over digital assets between the Securities and Exchange Commission and the Commodity Futures Trading Commission, an issue long debated across the industry. Senator Cynthia Lummis and other proponents have argued clearer rules are needed to keep digital asset innovation in the United States, while critics have raised concerns about consumer protections and market oversight.
Ripple's XRP traded near recent support levels heading into the weekend, with the broader crypto market digesting mixed macroeconomic signals and ongoing regulatory developments. Martinez, who publishes under the handle @alicharts on X, has a following that tracks his chart-based commentary on major cryptocurrencies including Bitcoin and Ethereum. His latest note on XRP drew engagement from retail traders monitoring short-term setups ahead of next month's legislative deadline. Market participants continue to watch volume trends on $XRP pairs for confirmation of the projected rebound toward the $1.30 target.
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