March 22, 2026 ChainGPT

XRP Holds 2017 Bull Trendline — $2 Breakout Needed or Risk Drop to $0.60–$0.80

XRP Holds 2017 Bull Trendline — $2 Breakout Needed or Risk Drop to $0.60–$0.80
XRP is clinging to a long-running bullish trendline that dates back to 2017, and crypto analyst CrypFlow says that as long as the token stays above that line — currently while trading comfortably north of $1.20 — the odds favor a recovery. But the picture is binary: either bulls complete a convincing breakout and push prices higher, or a break below the multi-year trendline could trigger a sharp sell-off before a bottom forms. What CrypFlow says needs to happen for a bullish breakout - Break the descending resistance that formed in 2025 and continued into 2026. As long as that resistance holds, upside remains capped; a decisive move through it would put XRP back on an uptrend. - Break the RSI downtrend. The RSI (relative strength index) is the momentum gauge here — CrypFlow argues that a price breakout accompanied by an RSI breakout is required to sustain momentum. The analyst pins a key threshold at $2: a breakout above $2 would both invalidate the recent descending resistance and likely snap the RSI out of its downtrend. If that plays out, CrypFlow believes XRP could target much loftier levels, even revisiting its 2018 highs near $3.80. The downside path If bulls fail to convert the current support into a renewed uptrend, the bears could seize control. A breakdown through the multi-year trendline would likely pull XRP below $1, removing much of the immediate support cushion. CrypFlow highlights a “discount zone” around $0.60–$0.80 as the area where XRP could look attractively cheap before a rebound eventually takes hold. What traders should watch - The multi-year trendline from 2017 (key long-term support). - The descending 2025–2026 resistance and the $2 breakout level. - RSI behavior for confirmation of momentum. - The $1 mark and the $0.60–$0.80 region as critical downside levels. In short: maintaining the 2017 trendline keeps the path to recovery open, but XRP needs a momentum-backed breakout — especially above $2 — to convincingly resume higher. Failure to do so could open the door to a drop toward the discount zone before any eventual bottoming. Read more AI-generated news on: undefined/news