TLDR
- XRP price trades within a long-standing descending channel that has guided its movement for eight months.
- The token declined 5.8% in three days as Bitcoin fell below the $70,000 level.
- XRP rebounded 26% from $1.27 to above $1.60 before facing resistance near the upper trendline.
- The upper channel resistance now stands near $1.65, requiring a 13.8% increase for a breakout.
- A confirmed breakout could open the path toward projected targets of $2.52 and $3.9.
XRP trades under a long-standing descending channel resistance as sellers cap recent recovery attempts. The token has dropped 5.8% in three days while Bitcoin slipped below $70,000. Chart data shows XRP could rally toward $2.5 or $4 if it clears overhead resistance.
XRP Price Stalls Below Key Trendline Resistance
XRP price pulled back after failing to sustain gains above $1.60 earlier this week. The broader market slowed as Bitcoin fell under $70,000 and then $69,000. As a result, XRP price now trades near $1.45 after a three-day 5.8% decline.
$XRP pic.twitter.com/euoSxpradL
— ray
(@moonbag) March 19, 2026
Earlier, XRP rebounded nearly 26% from $1.27 on Feb. 28 to above $1.60. However, sellers rejected the advance near the channel’s upper boundary. Market analyst Ray said XRP “must breach the upper resistance trendline” to reverse the downtrend.
Ray identified a descending channel that has guided the XRP price for eight months. The structure formed after XRP dropped from $3.6 in July 2025. Since then, the token has recorded lower highs and lower lows within the pattern.
XRP tested the upper resistance on Oct. 2, 2025, near $3.1. It also tested the barrier on Jan. 6, 2026, near $2.41. Each attempt failed as sellers defended the trendline.
Breakout Above Channel Could Open Path to $2.5 and $4
The upper resistance trendline now aligns near $1.65. XRP price must climb about 13.8% from $1.45 to break above it. Ray stated that a confirmed breakout could shift momentum to buyers.
In a prior chart review, Ray projected a move toward $2.52 after a breakout. That target reflected a 77% rise from $1.42 at the time. He also outlined a higher objective near $3.9, which equals a 180% increase.
While resistance capped advances, buyers defended the lower channel support several times. Bears attempted breakdowns near $2.72 in August 2025 and $1.37 in October 2025. Buyers also held support near $1.81 in November 2025 and $1.1 in February 2026.
Each defense of support triggered short-term rebounds within the channel. However, the XRP price has not closed above the descending resistance. Therefore, the bearish structure remains intact until a breakout occurs.
At press time, XRP trades at $1.45 as the channel resistance sits near $1.65. The chart continues to show $2.52 and $3.9 as upside targets if the price clears that level. XRP price remains within the eight-month descending channel as of the latest session.
The post XRP Price Stalls at Key Trendline, $2.5 Break in Focus appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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