XRP Price Is Maintaining This Multi-Year Trendline, But A Crash Could Be Looming

XRP Price Is Maintaining This Multi-Year Trendline, But A Crash Could Be Looming

Source: NewsBTC

Published:14:30 UTC

BTC Price:$70944.2

#xrp #crypto #trendline

Analysis

Price Impact

Med

The article discusses a critical multi-year trendline for xrp. maintaining it is bullish, but breaking it could lead to a significant crash. the potential for a crash below $1, or a breakout towards $3.8, presents a medium impact scenario.

Trustworthiness

Med

Price Direction

Neutral

The current price is holding a bullish multi-year trendline, suggesting potential upside. however, the threat of a bearish breakdown below this trendline introduces significant downside risk, creating a neutral outlook until a decisive breakout or breakdown occurs.

Time Effect

Long

The analysis focuses on a multi-year trendline originating from 2017 and a descending resistance from 2025/2026, indicating that the price movements discussed are part of a longer-term trend and potential breakout/breakdown scenarios.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Following the recent market trend, the XRP price has maintained its hold on an important trendline over the years. This trendline leans bullish, and as long as the cryptocurrency holds above it, the likelihood of a recovery remains high. However, a break below this multi-year trendline could signal doom, with crypto analyst CrypFlow forecasting how low the digital asset could go before eventually finding a bottom. Bears Threaten XRP’s Multi-Year Trendline According to crypto analyst CrypFlow, the XRP multi-year trendline that began back in the year 2017 is currently still in play. In fact, with the price trading well above the $1.2 level, it continues to hold up well . So far, this has suggested that bulls still have some strength left, and this trendline has been a beacon. Related Reading Signal That Led To Last 2 Altcoin Seasons Has Returned, And Here’s How Bitcoin Fits In 1 day ago From here on out, the XRP price would only need to actually complete a breakout to maintain its uptrend. This breakout would not only need to happen, but it would need to do so with momentum. As CrypFlow explains, for momentum to follow, the XRP price needs to do two things . The first of these is that the XRP price needs to break out of the descending resistance. This descending resistance had begun back in 2025, continuing on into 2026. As long as this resistance remains, the price remains bearish. But a break towards $2 invalidates it. Next on the list is that the XRP RSI downtrend needs to be broken as well. A breakout above $2 will complete this, ensuring that there is enough momentum for the cryptocurrency to follow. Such a move, the crypto analyst believes, would send the XRP price toward its 2018 highs of $3.8. Source: X However, in the case that the bulls are unable to complete a breakout within moments, then the bears could take control once again. Such a scenario would see the price lose its multi-year trend and eventually fall below $1. Related Reading: Analyst Says Bitcoin Price Is Showing Dangerous Weakness, Here’s Why Once this happens, then there is little cushion left for the cryptocurrency . As the price falls, the analyst highlights what they call the ‘discount zone,’ where XRP would be seemingly cheap to buy, and this lies around the $0.6-$0.8 level. Nevertheless, once the decline is over, the price is expected to rebound again. Price struggles amid market downturn | Source: XRPUSDT on TradingView.com Featured image from Dall.E, chart from TradingView.com