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

2026/01/23 14:02
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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.

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