Following the recent market trend, XRP price has maintained its position on a major trendline over the years. This trendline is bullish, and as long as the cryptocurrency stays above it, the chances of a recovery remain high. However, a break below this multi-year trendline could signal doom, with crypto analyst CrypFlow to predict how low the digital asset could go before eventually reaching a bottom.
Bears threaten XRP’s multi-year trendline
According to crypto analyst CrypFlow, the multi-year XRP trendline that started in 2017 is still current today. In fact, the price is trading well above the $1.2 level it continues to hold up well. So far this has indicated that bulls still have some strength left, and this trendline has been a beacon.
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From now on, the XRP price only needs to actually complete a breakout to maintain the uptrend. This breakout should not happen alone, but with momentum. As CrypFlow explains, it is necessary to follow the momentum XRP price must do two things.
The first of these is that the XRP price needs to break out of the falling resistance. This descending resistance started as early as 2025 and continued into 2026. As long as this resistance remains, the price will remain bearish. But a break towards $2 will invalidate this.
Next on the list is that the XRP RSI downtrend must also be broken. A breakout above $2 will complete this, creating enough momentum for the cryptocurrency to follow suit. Such a move, the crypto analyst believes, would send the XRP price to its 2018 high of $3.8.
However, if the bulls fail to complete a breakaway within moments, then the bears could take control once more. In such a scenario, the price would lose its multi-year trend and eventually fall below $1.
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Once this happens, there is little buffer left for the cryptocurrency. As the price falls, the analyst highlights what they call the “discount zone,” where XRP would seemingly be cheap to buy, and this is around the $0.6-$0.8 level. Nevertheless, once the decline ends, the price is expected to rebound.
Featured image of Dall.E, chart from TradingView.com