XRP — the token tied to Ripple's cross-border payments network and one of the largest cryptocurrencies by market value — climbed about 16% over the past day to trade around $1.15, recovering sharply after briefly dropping below $1 last week, when it fell to roughly $0.98. The rebound pushed the token above a descending trendline that had limited price gains since July 2025. The move has drawn attention because XRP spent more than a year trading below that resistance line, and traders are now watching whether the latest breakout can hold and support a wider recovery.

Market Snapshot

• XRP rose about 16% in 24 hours to around $1.15 after last week's dip near $0.98.
• The token broke above a descending trendline that had capped gains since July 2025.
• XRP closed above its daily 50 EMA for the first time in more than three months.
• Traders are watching whether XRP can hold the $1.10 to $1.15 zone and extend the recovery toward $1.50.
• XRP is still down roughly 15.35% over the past 90 days, leaving the broader recovery under pressure.
• Bitcoin trading above $72,500 is lending additional support to XRP and the wider crypto market.

XRP Price Breaks Long-Term Resistance

Market watcher Bird said XRP had broken above the bear market trendline that had been in place since July 2025. The weekly chart shows the resistance line starting near the 2025 peak and extending through the token's decline in 2026. Breaks of trendlines this long are closely tracked in technical analysis because they mark the first sustained move above a series of lower highs — the kind of shift traders look for when gauging whether a months-long decline is losing steam. XRP recently fell to about $0.98 before reversing higher, and the recovery carried the price above the trendline, placing the $1.10 to $1.15 area at the center of the next market test.

Technical analyst ChartNerd reported that XRP closed a daily candle at $1.10. That marked the token's first daily close above the 50-day exponential moving average (EMA) in more than three months. The 50 EMA, a widely used momentum gauge that averages price over roughly the past 50 trading sessions, had acted as resistance during XRP's decline, and traders commonly watch whether such a level flips into support once price holds above it. A sustained move above the indicator could keep short-term momentum with buyers, while a drop below it could weaken the breakout setup.

Analysts Track $1.50 and $1 Levels

ChartNerd asked whether XRP price could reach $1.50 before revisiting $1.00 — a question that reflects the sharp shift in price action after the token recovered from last week's low. Michael XBT also maintained a bullish view and pointed to a large multi-year pennant on XRP's chart. He said the structure could support a stronger move if price continues above the recent breakout zone.

Despite the rally, XRP remains about 15.35% lower over the past 90 days, keeping the broader trend under review as traders wait for more proof that selling pressure has eased. Bitcoin's price move above $72,500 has also supported the wider crypto market; large-cap tokens such as XRP have historically tended to trade broadly in line with Bitcoin, which is why Bitcoin's level is a routine reference point for altcoin traders. If Bitcoin stays firm, XRP price could benefit from stronger market demand. In chart terms, a standard checkpoint after any breakout is whether the broken level holds on a retest: a failed hold above the trendline could bring the $1 level back into focus, while holding it would keep the $1.10 to $1.15 zone — and the $1.50 question — in play.