XRP has mounted a 10% rebound to trade near $1.36, after buyers successfully defended the critical $1.25–$1.30 demand zone earlier this week. The move brings the asset directly up against the upper trendline of a short-term descending channel, setting up a key pivot point for the token's trajectory.
Technical Resistance and Breakout Targets
On the 4-hour timeframe, XRP has been locked inside a descending channel since topping out near $1.65 in late September. The recent drop tagged the channel's lower boundary near $1.25 before triggering a bullish reversal that pushed prices back toward the upper barrier around $1.38.
A confirmed breakout above $1.38 would break the prevailing lower-high structure, exposing former support at $1.45. Beyond that barrier, an early-October bearish imbalance sits near $1.50, followed by the major $1.70 supply zone. That area represents the high point of August's major surge from $1.00, while a secondary push in September stalled just below it at $1.65, creating a double-top pattern below $1.70.
Despite the recent uptick, XRP remains inside a broader bearish structure that began after its early-2026 peak near $2.40. Analysts note that market sentiment remains fragile, similar to recent trends where XRP entered undervalued MVRV zones during broader crypto pullbacks.
Downside Risk and Key Support Levels
If sellers reject the move at the $1.38 trendline, XRP risks returning toward the $1.30 level at the top of the demand zone. A decisive daily close below $1.25 would invalidate the current bullish bounce and open the door toward $1.15, which marks the July consolidation highs established before August's breakout.
Should $1.15 fail to hold, the key psychological floor remains at $1.00, which served as the original launching point for the asset's late-summer rally.
Key Takeaways
- Current Price: XRP trades at $1.36 after rebounding 10% from a weekly low of $1.25.
- Immediate Resistance: Upper channel line at $1.38, followed by $1.45 and $1.50.
- Major Overhead Target: The $1.70 supply zone, below the early-2026 peak of $2.40.
- Critical Support: $1.25 demand floor; failure leads to $1.15 and $1.00.
Why It Matters
Until XRP decisively clears the $1.38 descending trendline and reclaims $1.45, this move qualifies as a technical relief rally inside an ongoing downtrend rather than a structural reversal. A failure at current levels would confirm that supply remains heavy between $1.38 and $1.65, keeping selling pressure intact. Traders should watch daily candle closes closely, as a breach of $1.25 would quickly shift market focus to major multi-month support at $1.00.
