Possible short-term rebound indicated by XRP trendline breakout

BlockchainArchaeologist · 2026-01-13T09:46:22+00:00

XRP is experiencing a technical turning point, recently breaking above a 90-day resistance level and trading at $2.07, up 9%. Analysts note that maintaining this trend line could lead to further gains, with a potential target of $2.7 if key resistance is breached.

BlockchainArchaeologist

2026-01-13 09:46:22

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XRP is currently experiencing a technical turning point. After a year of bearish momentum, this cryptocurrency has gained market attention by breaking above the 90-day resistance line. Currently, XRP is trading at $2.07, representing approximately a 9% increase from earlier levels.

Technical Signals and Resistance Line Analysis

Among chart analysts, the recent trendline breakout has become a major focus. The effort to maintain daily closes above the long-term downtrend line suggests the potential end of the bearish cycle. If this trendline turns into support, it could lay the foundation for further upward movement.

XRP, now surpassing the regional resistance at $1.96, is at a critical point to assess the next profitability stage. Considering technical resistance and psychological levels, future movements will likely depend on whether it can stay above this trendline.

Target Price and Upside Outlook

The upper trendline resistance identified by analysts is around $2.1. Breaking through this level could technically enable a rise to a target of $2.7. However, such an upward scenario depends on maintaining the strength of the current resistance breakout.

With XRP’s annual decline rate at around -17%, the key variable is how long this trendline breakout can sustain. The combination of technical signals and market sentiment will determine the future direction.

XRP-3.94%

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