Ripple’s XRP 13-Month Support Tested: Will the ‘Massive Rally’ Finally Happen?

Ripple’s native cross-border token is trading around $1.89 after facing a pullback this week. Over the past 24 hours, the asset has gone down slightly. It has dropped more than 3% over the past seven days.

Earlier this month, XRP reached $2.40 before retracing sharply, giving up most of its year-to-date gains. Analysts are now watching the $1.80 level, which has been tested and held over the past 13 months.

$1.80 Support Remains in Focus

According to analyst ChartNerd, XRP has consistently defended the $1.80 zone, using it as a base for several rebounds. The current chart shows the price inside a descending channel, where it is again testing the upper resistance. Similar past structures resulted in a breakout and rally.

The price would need to close above that resistance to confirm the move.

In a separate chart, ChartNerd shows a larger structure going back several years. The pattern mirrors the 2015–2017 cycle, where an ABC correction ended in a Fibonacci demand zone before a breakout. The current move also shows an ABC structure inside a support area between $1.17 and $1.53.

If this structure follows the same path, the projection points to a possible move as high as $27. The candles on the current chart show early signs of strength, but the breakout level still needs to be cleared.

Triple Bottom Pattern Holds Near Resistance

Egrag Crypto shared a chart showing a triple bottom formation. The structure includes three clear lows forming around the same level, which is seen as a key support zone. A resistance line sits above the pattern, and the price is now moving just below it.

The chart shows possible targets if the resistance breaks. These include $2.7, $9, $15, and $32, based on past price extensions.

Separately, spot XRP ETFs saw $40.6 million in outflows over the past week, data from SoSoValue shows. This marks the first weekly net outflow since the products launched. However, total net inflows remain at $1.23 billion, and the funds still hold $1.36 billion in assets under management.

Meanwhile, Kamran Asghar reported that Binance’s XRP reserves have increased to 2.74 billion tokens. This is the highest level since November and comes after a period of lower exchange balances, indicating a return of liquidity.

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