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Home»Analysis»XRP Trend Exhaustion says the price is about to rise, here is the target
Analysis

XRP Trend Exhaustion says the price is about to rise, here is the target

2026-03-18No Comments3 Mins Read
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XRP is starting to exhibit the kind of price behavior that traders usually look for when a downtrend runs out. A technical setup of XRP’s price action shows a cryptocurrency that has already absorbed months of selling pressure and is now trying to build a base above a key support zone.

While the analysis does not suggest that XRP has yet broken into a completely bullish trend, it does show that the decline has slowed and the price has fallen. is starting to stabilize buyers are getting on board.

A downward trend that has exhausted itself

Technical analysis shows that XRP spent part of September and early October in a consolidation band before turning into a broad decline that lasted for months. That downtrend remained intact until early 2026, when another sell-off pushed the price below $1.30 very briefly in February.

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However, instead of leading to a deeper collapse, that decline appears to have created an area where sellers began to lose momentum. This decline is depicted in a clearly defined descending channel visible on the daily chart shared by crypto analyst BitGuru on social media platform X.

The analyst behind the outlook described this as trend exhaustion, and the chart supports that idea. The downward channel that formed from January to February eventually broke up into a stabilization zone, not much lower.

XRP then started holding above the nearby support, and the price action is now trading around the mid-$1.40s on the chart. That’s a notable change from the previous pattern because it means the XRP price is flat no longer makes clean lower lows with the same confidence.

See also  Bitcoin Price Drops to $66,000: Blame the Halving or Something Else?

XRP price

XRP price chart. Source: @bitgu_ru On X

Why the arrangement points to a step higher

Just as importantly, the chart places a nearby support band around around $1.33 to $1.34, while the invalidation area is much lower, near the $0.88 region. As long as XRP continues to exist If we defend higher and higher support levels and avoid falling back into that previous distribution structure, then there is still room for a price increase.

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The technical analysis shows the XRP price basis just above a green accumulation zonewith an upward path pointing to a broader target area extending into the low $2 range. At the time of writing, XRP is trading at $1.52. Sustained power in the coming days can open the way to recovery in the medium term.

Based on the levels in the chart above, the first price target is around $1.88. A sustained close above $1.88 would mark a meaningful structural shift and open the door to a retest of the levels last seen in early 2026. More ambitious medium-term targets are between $2.09 and $2.20.

XRP price chart from Tradingview.com
Support level remains stable | Source: XRPUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Source link

Exhaustion Price Rise Target Trend XRP
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