Technical analyst Lana Valentis has highlighted a potential reversal in XRP’s price action, indicating that the cryptocurrency may be positioned for an upward move after breaking out of a descending channel on its daily chart.
Technical structure and recent price action
Since July 2025, XRP has traded within a defined descending channel, with $3.65 serving as its all-time high and upper trendline resistance. Each rally since mid-2025 has reversed at this upper boundary, while the lower trendline has repeatedly provided support during market corrections.
Price movements through July and August compressed toward the channel’s lower limit. A support zone highlighted near $0.99 absorbed significant selling pressure during this period. Following this bounce, XRP rallied above $1.30, signaling renewed buyer strength in the market.
XRP’s breakout from the descending channel has been driven by robust buyer support in the $0.99 to $1.10 range, with renewed momentum now visible above $1.30.
According to the technical breakdown, the price within the highlighted green zone—spanning $0.99 to $1.10—acted as a foundation for XRP’s recent rebound. After touching this region in August, XRP quickly surged over 50% within 65 hours, reaching $1.68 before retracing modestly. The asset currently trades well above its established support, maintaining the bullish scenario.
| Level | Significance |
|---|---|
| $0.99 – $1.10 | Buyer support zone |
| $1.30 | Current price region after rebound |
| $1.68 | Recent local high |
| $1.70, $2.20, $2.70 | Intermediate resistance targets |
| $3.65 | All-time high and major resistance |
Key resistance levels and targets
Valentis outlined a sequence of resistance levels that XRP needs to surpass to realize further gains. These technical hurdles sit at $1.70, $2.20, $2.70, and $3.65—each previously tested during past rallies or corrections. The $3.65 level, marked by a red dashed line on most technical charts, stands as the most notable long-term resistance, corresponding to the record high from July 2025.
Projections on the chart illustrate a possible scenario in which XRP advances from the current $1.35 region up to $3.65, provided each resistance level is broken. However, this outlook is based on continued buyer support and the validity of the technical breakout rather than a guaranteed upward move.
After buyers confirmed the channel breakout, XRP may progress through $1.70, $2.20, and $2.70 before challenging the major resistance at $3.65.
Increasing role in asset tokenization
Beyond technical indicators, Valentis commented on XRP’s expanding utility in financial markets. She described XRP as emerging as a backbone for real-world asset tokenization, with its ecosystem reportedly growing at a faster pace than generally recognized.
Sustained buyer interest and the capacity of the support zone around $0.99 to hold remain critical for any further upside. If momentum continues, XRP may seek to test each successive resistance level outlined in Valentis’s analysis.
Mini dictionary: Real-world asset tokenization refers to the process of converting physical assets, such as real estate or commodities, into digital tokens on a blockchain. This enables fractional ownership, increased liquidity, and easier transferability of traditionally illiquid assets.
