$XRP recently broke above a short-term descending trendline, with its next directional move decisive yet still largely uncertain.
As the broader crypto market battles the bears amid the escalating Israel-Iran conflict, $XRP has continued to fluctuate between $1.4 and $1.33 amid declining volatility. Notably, its recent upward push breached a multi-week descending trendline that has capped upside potential since February, leaving two pathways in sight.
Key Points
- $XRP has fluctuated between $1.4 and $1.33 over the past week as volatility declines despite the ongoing Israel-Iran conflict.
- Following a drop at the start of this week, $XRP recently staged a recovery that allowed it to breach a long-standing descending trendline.
- This trendline started forming in mid-February and capped $XRP’s upside potential for over two weeks.
- With $XRP now above the trendline, a sustained push could lead to the $1.52 resistance area, which would determine if the uptrend hits higher levels or loses momentum.
- Meanwhile, if $XRP fails to maintain the breakout, a drop back below the trendline could bring back bearish targets around $1.1 to $1.27.
The $XRP Descending Trendline
Market analyst Shay (Shay Analytics) called attention to the descending trendline in a recent TradingView report. Data from the chart shows that this trendline started forming on the 2-hour timeframe after $XRP collapsed from the $1.67 high on Feb. 15.
Following the drop, $XRP traded way below the trendline, failing to even attempt a breakout above it for ten days. However, bulls leveraged the recovery campaign that began on Feb. 24 to eventually retest the trendline, pushing prices to $1.49 by Feb. 26. Nonetheless, the resistance at the trendline resulted in a pullback.
$XRP made another breakout attempt three days later, soaring to a high of $1.43 on March 1, but this also failed. The third push occurred barely 24 hours later, and the bears triggered another pullback. Seeing these failed attempts, Shay suggested that $XRP would likely see sustained declines below the trendline, potentially reaching $1.27 as the first bearish target and $1.11 as the second.
$XRP’s Breakout Keeps Upside Hope Alive
However, $XRP has beaten the analyst’s expectations, having now successfully broken above the resistance at the multi-week descending trendline, as it trades for $1.41 at press time. Nonetheless, the upward push has stalled, with $XRP currently indecisive.
From the current position, the healthiest option would be a quick retest of the trendline breakout in the form of a pullback to the $1.37 area. If the support at this region holds, this would confirm that the breakout had solid strength, potentially allowing $XRP to target the resistance area marked on the chart between $1.49 and $1.52. This would keep the upside hope alive.
Meanwhile, if $XRP pulls back to the trendline support around $1.37 and drops below it, the original downside targets of $1.11 and $1.27 could come back into play. Essentially, $XRP’s next direction now depends on whether it can hold above the $1.37 support area.
Mid-Term Structure Remains Unchanged
However, while $XRP has broken above the short-term descending trendline, market watcher Casi suggested that the mid-term structure remains unchanged. Specifically, she stressed that for $XRP to flip the current trend, it would have to breach the $1.67 resistance, which sits above Shay’s $1.52 mark.
🚨$XRP Has $NOT Broken Resistance = No Change in Macro Plan!🚨
Quick update to say the larger plan hasn’t changed! The recent bounce did $NOT break resistance, and we have $NOT made a new low, so plan remains the same.
Nothing shifts until one of two things happens:
🔹 We reach the… pic.twitter.com/UGipicRjMV— CasiTrades 🔥 (@CasiTrades) February 26, 2026
On the downside, Casi noted that a push below $1.11 to $0.87 would introduce greater bearishness to the market. While $XRP has not broken above resistance, it has still not made lower lows. Until $XRP breaks either of these areas, the analyst stressed that it remains within a range.
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