XRP is sending early signals of a shift from bearish to bullish, helped by increased whale accumulation and improved technical indicators.

On April 22, blockchain media outlet The Crypto Basic reported that crypto analyst Ali Martinez (알리 마르티네즈) pointed to a supertrend buy signal, whale accumulation and a symmetrical triangle pattern.

The first signal Martinez cited is the supertrend indicator on the daily chart. The indicator has turned bullish for the first time since Jan. 17. The shift from months of sell signals is seen as easing selling pressure and raising the possibility of a trend reversal.

$1.55 remains a key resistance level. If XRP clearly forms a daily close above that level, a breakout could be confirmed, with the next target cited as $1.90. In that case, the supertrend indicator could act as support.

The second signal is accumulation by large holders. According to on-chain analytics firm Santiment, total holdings of wallets with 10 million to 100 million XRP rose over the past week to 11.57 billion XRP on the day from 11.21 billion XRP on April 19. Over the same period, those wallets bought about 360 million XRP.

Addresses holding 1 million to 10 million XRP also joined the accumulation. Their total holdings increased to 3.79 billion XRP on the day from 3.72 billion XRP on April 20, up 70 million XRP over two days.

The third signal is a symmetrical triangle pattern formed on short-term charts. The pattern emerged as XRP, after falling from $1.90 in late January, made lower highs and lower lows while gradually narrowing its price range. Based on current data, an analyst view is that a breakout could allow about a 35 percent price move.

The bullish scenario has conditions. XRP must break the $1.55 resistance on a daily basis and, at the same time, hold above the $1.30 support level.

Recently, expectations of a shift in sentiment have grown as large-holder accumulation aligns with technical rebound signals. If range-bound trading continues without a resistance break, this rebound attempt could also be limited. Market focus is now on whether XRP breaks $1.55 and whether gains then extend toward the $1.90 area.

1/5 $XRP appears to be undergoing a structural trend shift from bearish to bullish.