XRP Analyst Says Multi-Year Support Could Decide Next Major Move
XRP is at a key technical inflection point, retesting a long-term ascending trendline that has marked several prior cycle lows since 2020. After being rejected near the top of a multi-year range, price has entered a corrective phase and is now approaching important demand support. If XRP holds this trendline and nearby demand, the pullback could remain a healthy retracement and preserve the broader bullish structure. A strong rebound would keep the path open for a larger expansion move, with the $4.50–$5.00 area cited as a higher-timeframe upside target. A bearish caveat remains: XRP is still trading below a descending structure and the $1.50 supply zone, so bulls may need more than one bounce to shift momentum. A deeper sweep into the $0.70–$0.80 demand zone is also possible if current support fails. At the time referenced, XRP traded around $1.15, so the market remains in a test phase rather than a confirmed breakout.
