XRP: Analyst Calls the Bottom at $1.25 as On-Chain Volume Hits $49.70B

XRP is trading at $1.30 — up 2.27% in the past 24 hours — with a market cap of $82.04 billion and $1.47 billion in daily volume. The move off the $1.25 level was not quiet: on-chain transaction volume on the XRP Ledger surged to $49.70 billion in a single night, one of the most dramatic spikes in ledger activity in recent memory.

That volume surge is the data point that leads analyst Ali Martinez (@alicharts) to issue a declarative call: “XRP: THE BOTTOM IS IN.” Posted on October 19, 2026, Martinez argues that the explosion in on-chain transfer value — coinciding precisely with price hovering at $1.25 support — is not noise. It is the market leaving a fingerprint at what he identifies as the structural low.

Signal 1 — $49.70B On-Chain Volume Spike at $1.25 Support

The XRP Ledger recorded $49.70 billion in total dollar value transferred on-chain in a single session while price held the $1.25 level. To understand why this matters, look at the chart shared by Martinez: bars for periods 2016, 2017, and 2018 sit low and relatively flat, with values well below $1B. The 2019 bar — the final one — towers above all prior periods, reaching the $49.66B axis marker. The current spike replicates that kind of structural breakout in on-chain activity.

The mechanism is direct: when transaction volume of this magnitude concentrates at a specific price level, it indicates that significant capital changed hands at $1.25. Large players do not transfer $49.70 billion in a single session accidentally. At a support zone, that volume signature typically represents one of two things — capitulation selling that exhausts supply, or institutional-scale accumulation absorbing that sell pressure. The subsequent price rebound that Martinez documents suggests the latter reading is the more credible one here.

This is not the first time XRP has printed anomalous on-chain volume at a technical support that preceded a directional move. The same analytical framework — volume spike at key level equals either exhaustion or accumulation — has appeared at prior XRP pivots. Martinez’s call is grounded in that pattern repeating now at $1.25.

Signal 2 — Inverse Head-and-Shoulders Completing on the 3-Day Chart

In the prior post in this thread (October 18, 2026), Martinez laid out the structural chart context. On the 3-day chart, XRP has been forming an inverse head-and-shoulders pattern, with $1.25 as the right shoulder support. The $1.25 level holding is what completes the right shoulder — a necessary condition for the pattern to remain valid.

The pattern’s architecture, per Martinez: the neckline sits at $1.56. A sustained close above $1.56 is required for confirmation — not an intraday touch, not a brief spike, but a sustained closing price above that level on the 3-day chart. Once that close is registered, Martinez identifies $2 as the path that opens. To the downside, loss of $1.25 invalidates the pattern entirely, with $1.00 as the next structural reference.

The levels in full, as Martinez stated them:

At the current price of $1.30, XRP is $0.26 — or roughly 20% — below the $1.56 neckline that Martinez requires for confirmation. The pattern is valid but not confirmed. The on-chain volume spike provides supporting evidence that $1.25 is the structural floor. The 3-day close above $1.56 is what converts the thesis from a hypothesis into a confirmed signal.

XRP has flashed similar technical setups before. For readers tracking the broader altcoin technical picture, XRP, SOL, DOGE, and HYPE previously flashed TD Sequential buy signals with analyst attention on $1.40 — a level now well below the current price, suggesting the accumulation thesis has been building across multiple signal types.

Why the Volume Spike and the Chart Pattern Together Are More Significant Than Either Alone

On-chain volume data and chart patterns are independent signal types. One measures capital movement on the blockchain. The other measures price structure and market psychology. When both produce a bullish reading simultaneously at the same price level, the convergence carries more weight than either in isolation.

Here, the convergence is precise: $49.70 billion in on-chain transfers occurred at exactly the $1.25 level that the inverse head-and-shoulders pattern identifies as the critical right-shoulder support. Martinez’s call — “THE BOTTOM IS IN” — rests on that convergence. The volume spike is the on-chain confirmation of the chart’s structural hypothesis.

For those tracking XRP’s broader technical picture, BTC, ETH, and XRP previously flashed TD Sequential buy signals on 4-hour charts, adding another layer of shorter-timeframe context to the current 3-day setup Martinez is analyzing.

Bullish Scenario

$1.25 holds as the structural low. XRP reclaims $1.56 on a sustained 3-day close, confirming the inverse head-and-shoulders neckline break. Martinez’s stated target of $2.00 opens as the next directional objective — a move of approximately 54% from the current $1.30 price.

Bearish Scenario

$1.25 fails to hold. The inverse head-and-shoulders pattern is invalidated. Martinez’s stated downside reference is $1.00 — a decline of approximately 23% from current levels and a structural reset of the recovery thesis entirely.

What the Data Says — and What It Doesn’t

The $49.70 billion on-chain volume spike confirms that extraordinary capital movement occurred at $1.25. It does not, by itself, confirm the direction of that capital. Large on-chain volume at support can represent accumulation or final capitulation — the outcome is determined by the price action that follows. The subsequent rebound Martinez documents is encouraging. But the 3-day close above $1.56 is the only mechanical confirmation the chart pattern offers.

What the combined signals say: $1.25 saw an on-chain event of historical scale, and the chart structure identifies that level as the right shoulder of a potentially significant reversal pattern.

What they don’t say: that $2.00 is guaranteed, or that the neckline at $1.56 will be cleared without further consolidation or retests. XRP has previously been flagged alongside QNT and INJ as a breakout candidate — context that underscores how this level has been watched by analysts across multiple timeframes.

The on-chain fingerprint at $1.25 is real. The chart pattern is structurally intact. Martinez’s call is grounded in two independent, simultaneous signals converging at a single price level. The confirmation condition is one number: a sustained 3-day close above $1.56. Until that close prints, the thesis is valid but unconfirmed. Watch $1.56 — a sustained 3-day close above it opens $2.00. Watch $1.25 — loss of it closes the pattern entirely.

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Source: Ali Charts · Published by CoinsProbe Markets Desk

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Coinsprobe Markets Desk

Crypto journalist and analyst covering blockchain, DeFi, and digital asset markets at CoinsProbe.

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