The recent XRP price action has tested investor patience, but market data shows XRP could start a new uptrend by taking one “simple” step.  This step involves aThe recent XRP price action has tested investor patience, but market data shows XRP could start a new uptrend by taking one “simple” step.  This step involves a

The “Simple” Step XRP Must Take to Start a New Uptrend

The recent XRP price action has tested investor patience, but market data shows XRP could start a new uptrend by taking one “simple” step. 

This step involves a breakout above a multi-month descending trendline resistance that has limited XRP’s upward potential since July 2025. Data shows that the resistance now sits at $2.1, and a decisive close above this level could set XRP up for a new uptrend.

Key Points

  • XRP has continued to face turbulence since dropping from the $3.66 peak in July 2025.
  • This turbulence is due to a multi-month descending trendline resistance that has capped XRP’s growth potential since July 2025.
  • For XRP to decisively recover from the current situation and start a new trend, it must first break above the trendline resistance.
  • XRP had faced a similar trendline resistance after it dropped from the January 2025 high of $3.4, and a break above the line led to the July 2025 peak.

How XRP Built a Base Before Its First Major Rejection

This is according to chart data presented by market analyst Chart Nerd. In his recent analysis, the market commentator argued that some investors tend to overcomplicate the market. According to him, for XRP to start a new uptrend and break above the current situation, it must first breach the existing trendline resistance.

Data from his chart shows that before XRP entered its current downtrend, it spent much of early 2024 moving sideways. The price hovered around $0.50, repeatedly testing support between $0.45 and $0.55. 

However, after the U.S. election, XRP saw a rapid rise. Specifically, from November 2024 to January 2025, the price surged more than 500%, climbing from $0.50 to $3.4. During this rally, XRP formed an accumulation range between $1.7 and $1.9, which Chart Nerd marked as a multi-month lateral base.

The First Resistance Trendline 

However, after the $3.4 peak, sellers regained control, leading to a pullback. This resulted in the formation of the first resistance trendline, which capped XRP’s growth prospects for over six months.

Repeated attempts at breaking above this trendline met a roadblock, with XRP eventually slipping to lower lows each time. For instance, a sharp rebound in March pushed prices to a peak above $3.02 after President Trump included XRP in the U.S. crypto stockpile. However, the resistance at $3 led to a pullback that took the XRP price to $1.6 by April 2025.

Another recovery attempt ensued in May 2025, with a rise to $2.65, but the resistance trendline triggered a pullback again. XRP eventually broke above the trendline in early July, and this marked the start of a new uptrend. During this new uptrend, prices skyrocketed to a new peak around $3.6 on July 18 before a pullback ensued.

The Second and Current Resistance Trendline

The pullback from the July 18 high resulted in the formation of the second and current resistance trendline, which has continued to limit XRP’s upward push. Like the previous trendline, XRP has initiated two attempts at breaching this current resistance but they both proved futile.

XRP 1D Chart Chart NerdXRP 1D Chart | Chart Nerd

Specifically, the first attempt came up from late September to early October, with a rise to $3.1 on Oct. 2, but XRP witnessed a roadblock at this point, eventually correcting to lower prices. The Oct. 10 market crash further exacerbated this correction, pushing XRP to $2.2 by Oct. 17.

The second breakout attempt came up this year, when XRP recovered from the Q4 2025 downtrend to hit $2.41 by Jan. 6, 2026. However, this has also witnessed a roadblock, and XRP is currently suffering from the ensuing correction, now changing hands at $1.91.

With the descending trendline continuously sloping downward, the resistance to breach now sits around $2.1. Chart Nerd insists that XRP must initiate the “simple” test of breaking above this resistance to begin an uptrend. Until then, all price action will remain within the current range, as long as the support at the multi-month accumulation holds.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Shanghai residents flock to sell gold as its price hit record highs

Shanghai residents flock to sell gold as its price hit record highs

The post Shanghai residents flock to sell gold as its price hit record highs appeared on BitcoinEthereumNews.com. Gold surged over the $5,500-per-ounce milestone
Share
BitcoinEthereumNews2026/01/31 01:48
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40