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Bitcoinist 2026-04-20 00:00:16

XRP SuperTrend Flips Bullish For First Time Since January – Is A Rally To $1.90 Next?

XRP has spent the better part of three months locked in a persistent downtrend, falling from a January peak above $2.40 to lows near $1.28 in early April as sell pressure mounted across the broader crypto market, trading in a range between $1.33 and $1.45. The SuperTrend indicator is printing a signal that has not appeared since XRP was trading at its 2026 peak, and analyst Ali Martinez says it could be the beginning of a meaningful trend reversal. SuperTrend Signals A Break From Months Of Selling Pressure XRP is starting to show early signs of a shift in momentum, with the SuperTrend now turning in favor of buyers after weeks of downward pressure. The move comes after the entire industry saw inflows last week, with Bitcoin pushing back above $78,000 and capital moving into large-cap altcoins. Crypto analyst Martinez highlighted a notable development on XRP’s daily chart, pointing to a bullish flip in the SuperTrend indicator for the first time since January 17. This indicator, which tracks trend direction and acts as a dynamic support or resistance band, had been mostly in sell mode for almost four months. XRP touched $1.50 on April 17 before closing the daily session at $1.4. That close, marginally above the SuperTrend line, was what led to the bullish flip. The bullish flip shows that bearish momentum has weakened enough to allow buyers to regain some sort of control. As shown in the chart below, the SuperTrend band is now sitting below price action. XRP Daily Chart. Source: @alicharts On X Path To $1.90 Opens If Breakout Holds Despite the improving setup, XRP is approaching what could be its most important level in the near term. The bullish SuperTrend signal is a necessary condition for a trend reversal, but not a sufficient one. Martinez identified $1.55 as the level that will determine whether the signal produces a sustained rally or fades into another failed attempt. About 60% of XRP’s circulating supply is held at an average cost basis near $1.44, meaning every push toward the $1.40 to $1.45 zone has run into a dense wall of underwater holders looking to exit. A clean daily close above $1.55 would clear that supply overhang and, according to Martinez, cause a relief rally. If XRP manages to clear $1.55 with a strong daily close, then the next phase of the move could play out very quickly. Martinez points to the $1.90 region as the primary upside objective of the projected move. At the time of writing, XRP is trading at $1.42. The SuperTrend now has a very important role. As long as the price is still above it, the indicator will continue to act as a trailing support with a buy signal. Featured image from Unsplash, chart from TradingView

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