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$XRP must first breach its long-standing descending channel resistance before it can break the current downtrend and recover toward new all-time highs.
The broader crypto market has faced a roadblock to the latest recovery campaign, as Bitcoin (BTC) collapses below the $70,000 mark. Amid the recent downturn, $XRP has witnessed its fair share of the turbulence, down 5.8% over the past three days.
While the market experiences a new wave of selling pressure, chart data shows $XRP has a chance of spiking 77% to 180%, possibly putting its price at a range of $2.5 and $4, if only it can breach the upper resistance trendline of a long-standing descending channel that has guided its price action for months.
Key Points
- $XRP has also faced a roadblock amid a broader crypto market lull, down 5.8% over the last three days, as the latest upward push stalls.
- Despite the recent pullback, chart data shows $XRP has the potential to rise 77% to 180%, leading to a price range of $2.5 to $4.
- The major barrier standing between $XRP and this rebound target is the upper resistance trendline of a long-standing descending channel.
- This descending channel formed when $XRP dropped from the $3.6 peak in July and has guided its price action for eight months.
- $XRP attempted to breach this upper trendline on Oct. 2, 2025, and Jan. 6, 2026, but faced stern resistance on each attempt.
$XRP’s Latest Rebound Stalls
Market analyst Ray was first to identify this structure, as $XRP faces struggles amid its breakout attempts. Notably, $XRP was one of the biggest beneficiaries of the latest market-wide recovery effort, jumping nearly 26% from the low of $1.27 on Feb. 28 to a peak above $1.60 earlier this week.
However, this $1.60 high presented a massive roadblock to the upsurge, as the broader market rally lost momentum, with Bitcoin eventually losing $70,000 and $69,000. $XRP has since collapsed 5.8% over the past three days, currently trading for $1.45.
$XRP Needs to Breach Descending Channel Resistance
Despite the short-term weakness in the market, Ray insists that $XRP still has room for growth. Data from his chart shows the token has been trading within a descending channel for eight months. Notably, this channel started forming after $XRP dropped from the $3.6 peak in July 2025.
Since then, the price has continued to struggle, recording lower highs and lower lows, and building the path for the channel. $XRP attempted to breach the upper resistance trendline of this channel on two occasions: first at the $3.1 high of Oct. 2, 2025, and then at the $2.41 high of Jan. 6, 2026. Each attempt failed due to resistance at the trendline.
Meanwhile, bears also tried to push prices below the lower support trendline during the declines to $2.72 in August 2025, $1.37 in October 2025, $1.81 in November 2025, and $1.1 in February 2026. Interestingly, bulls defended the support at each attempt, fueling a rebound. Now, Ray’s chart shows $XRP must breach the upper resistance trendline to flip the ongoing bearish trend.
$XRP Could Rise 77% to 180%
The chart calls attention to two possible targets above the descending channel, which $XRP could reach once it breaches the resistance trendline. For context, the upper resistance trendline now aligns with the $1.65 price level, demanding a 13.8% increase from the current price of $1.45.
In an earlier analysis, Ray suggested that a breakout above the resistance trendline would push $XRP to a high of $2.52. This aligns with a 77% increase from the $1.42 price at the time of the analysis. Applying this to the 180% rise indicates that $XRP could also target $3.9 from the $1.42 price, closer to the $4 mark.