XRP is beginning to show the kind of price behavior that traders usually watch for when a downtrend starts running out of steam. A technical setup of XRP’s price action shows a cryptocurrency that has already absorbed months of selling pressure and is now trying to build a base above a key support zone.
Although the analysis does not suggest that XRP has already broken into a full bullish trend, it does show that the decline has slowed down, and price is starting to stabilize where buyers are stepping in.
A Downtrend That Has Worn Itself Out
Technical analysis shows that XRP spent part of September and early October in a consolidation band before rolling over into a broad decline that lasted for months. That downtrend remained intact into early 2026, when another sell-off pushed the price below $1.30 very briefly in February.
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Instead of leading a deeper collapse, however, that drop appears to have created an area where sellers began losing momentum. This drawdown is shown in a clearly defined descending channel visible on the daily chart shared on the social media platform X by crypto analyst BitGuru.
The analyst behind the outlook described this as trend exhaustion, and the chart supports that idea. The downward channel that formed from January into February eventually broke down into a stabilization zone, not another leg lower.
XRP then began holding above nearby support, and the price action is now trading around the mid-$1.40s on the chart. That is a notable change from the earlier pattern, because it means that the XRP price is no longer making clean lower lows with the same confidence.
XRP Price Chart. Source: @bitgu_ru On X
Why The Setup Points To A Move Higher
Just as important, the chart places a nearby support band around roughly $1.33 to $1.34, while the invalidation area sits much lower, near the $0.88 region. As long as XRP keeps defending increasingly higher support levels and avoids falling back into that earlier breakdown structure, then there is still the case for a price jump.
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The technical analysis shows the XRP price basing just above a green accumulation zone, with an upside path pointing into a broader target area that stretches into the low-$2 range. At the time of writing, XRP is trading at $1.52. Sustained strength in the next few days can open the path toward a medium-term recovery.
Based on the levels shown in the chart above, the first price objective is around $1.88. A sustained close above $1.88 would represent a meaningful structural shift and open the door to a retest of levels last seen in early 2026. More ambitious medium-term targets are between $2.09 and $2.20.
Featured image created with Dall.E, chart from Tradingview.com