XRP rose after breaking a months-long descending trend line, with an increase in trading volume confirming renewed momentum above the $1.39 resistance zone.
News background
- XRP has struggled to sustain rallies into early 2026 as sellers repeatedly defended a descending resistance line formed by lower highs since January.
- The latest move marks the first decisive break above that structure, changing short-term sentiment as traders reassess whether the corrective phase may be ending.
- Fund flows offered a mixed context. US-listed XRP ETFs recorded approximately $3.9 million in outflows during the session, extending a brief streak of redemptions even as technical momentum improved.
- Meanwhile, activity on the XRP Ledger continued to rise. Daily transactions recently rose to around 2.7 million, one of the highest levels in recent months, partly driven by projects focused on tokenizing real-world assets.
Price Action Summary
- XRP rose from about $1.37 to $1.41 during the 24-hour session
- The price broke through the $1.39 resistance zone that limited rallies earlier this year.
- Trading volume increased to approximately 205 million tokens, more than triple the recent average.
- The token traded within an intraday range of around $0.057 during the breakout.
Technical analysis
- The key technical development was XRP breaking above the descending trend line that had defined its downtrend since early 2026.
- The move came with a sharp expansion in trading volume, suggesting the breakout reflected active participation rather than poor liquidity.
- After the breakout, the price briefly tested the $1.41 area before consolidating slightly lower.
- On shorter time frames, XRP held above the $1.40 zone, forming a sequence of higher lows indicating that buyers are attempting to establish the former resistance zone as support.
- If this structure holds, it would confirm a reversal from the previous pattern of lower highs that dominated the past few months.
What do traders say will be next?
- Traders are now watching to see if XRP can hold above the $1.39 to $1.40 area.
- Holding that level would confirm the breakout of the trend line and could open the door for a move towards the next resistance zones around $1.44 and $1.50.
- However, if it fails to hold above the breakout level,
