XRP Now Critically Close to Descending Channel Breakout After 12 Months

XRP is now pushing against the upper boundary of a descending channel that has dictated its movement for the past 12 months. 

At press time, XRP trades at $1.0801, leaving little room between its current price and the channel’s falling resistance line. With the trading range now squeezed to nearly nothing, the chart suggests a breakout or rejection could happen soon.

This current situation resembles the pattern that appeared before XRP climbed to $3.60 in July 2025. Once again, the asset has compressed beneath a declining trendline, and this makes the coming sessions especially important.

A Year of Selling Has Shaped the Current Trend

XRP reached a high of about $3.60 in July 2025 before entering the descending channel that has guided its price ever since. From this peak, the upper trendline continued to slope lower, stopping every recovery attempt over the past year and sending the price back down after each test.

The lower trendline developed alongside it, beginning around the $2.00 area before leading XRP through the $1.50 range, then the $1.30 area, and finally toward its current level near $1.08.

The channel has remained intact from the second half of 2025 into mid-2026, contributing to a decline of more than 70% from the July 2025 peak. 

Now, XRP sits almost directly below the upper trendline. Since there is barely any gap left between the price and resistance, the chart suggests that a move may not be far away.

XRP Historical Data

Before its major rally, XRP spent about 16 months moving sideways inside an accumulation range defined by a parallel channel between $0.45 and $0.75. 

This period ended with a breakout in November 2024, which pushed the price to around $3.30 by January 2025. The move showed that buyers had built enough demand to break through long-standing resistance.

After the rally, XRP formed a symmetrical triangle that stretched from $3.30 down to support between $1.90 and $2.00. As the price tightened beneath the upper boundary of the triangle, it eventually broke above the trendline in mid-2025, leading to the rally that reached $3.60 in July 2025.

The current situation shares many of the same features. XRP now presses against the upper boundary of the present channel with the same type of price compression that came before the previous breakout.

Key XRP Price Levels to Watch

The next major signal will come if XRP closes a daily candle above the channel’s upper trendline, which now sits around $1.10. A confirmed close above that area would mark a technical breakout and push attention to the next resistance zone.

The first major target lies between $1.50 and $1.60. This area acted as support throughout late 2025 before the price fell below it as the descending channel continued lower. Moving back above that range would strengthen the overall market structure.

If buying pressure continues, $2.00 becomes the next major level to watch. This price acted as the foundation for the mid-2025 rally to $3.60 and has remained an important turning point on the chart. 

From the current price of $1.0801, a move to $2.00 would represent a gain of about 85%. Above that, XRP could face additional resistance around $2.50 and $3.00 as it attempts to recover the July 2025 high.