COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Analyst says XRP must break $1.15-$1.60 resistance to confirm uptrend
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > Analyst says XRP must break $1.15-$1.60 resistance to confirm uptrend
Ripple (XRP)

Analyst says XRP must break $1.15-$1.60 resistance to confirm uptrend

In Brief

  • 🚨 Analyst says XRP must break and retest the $1.15-$1.60 resistance zone for a true rally.

  • 🔎 A clean move above this level is yet to happen in $XRP, with caution advised for traders.

  • 📊 Elysium already surpassed its resistance, while XRP continues to lag behind.

  • 📅 Recent weeks brought strong spot ETF performance but major resistance remains.
Güvenç Koçkaya
Güvenç Koçkaya 39 minutes ago
Share
SHARE

XRP faces a critical technical challenge as its price approaches a significant resistance zone, drawing attention from traders and analysts closely watching for signals of a sustained upward move.

Contents
Key resistance level highlightedPrice structure and previous cycles comparedSpot XRP ETF market performance

Key resistance level highlighted

Crypto researcher BankXRP recently shared insights from a German market analyst, who outlined that XRP’s next major test centers on overcoming resistance between $1.15 and $1.60. The analyst emphasized that traders should remain cautious until XRP achieves both a clean breakthrough and a successful retest of this price band.

According to the analysis, only a decisive move above this range, followed by confirmation through a retest, would signal that XRP is emerging into higher retracement levels. The analyst views this process as essential before any consensus can form regarding a new uptrend for the digital asset.

The analyst explained that a breakout above $1.15 to $1.60, followed by a backtest and further upward continuation, would provide the confirmation needed for investors to view the move as sustainable.

BankXRP, which publishes crypto market research, summarized the perspective on X, noting that the “next big test is the resistance zone” and that XRP requires a “clean break + retest” before recent gains can be considered the start of a true rally.

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

Price structure and previous cycles compared

The German analyst also compared XRP’s current market structure to previous cycles, describing the pattern as “somewhat comparable” to earlier scenarios in the market. He noted that XRP remains below the resistance area, in contrast to other assets such as Elysium, which have already managed to break through similar technical barriers.

Elysium, a digital asset network, recently cleared its major resistance, while XRP continues trading below its second critical level. The analyst attributed some of the difference to XRP’s historically slower reaction compared to its peers.

He suggested that XRP could follow a recurring pattern involving consolidation phases, strong upward movement, and subsequent new periods of sideways trading. This “ranging, pumping, ranging” structure points to the possibility of additional consolidation after any short-term surge.

Mini dictionary: Elysium, a blockchain project, is known for its decentralized infrastructure and focus on asset tokenization. It is less widely recognized than platforms such as Ethereum or Solana but serves as an example in technical analyses due to its distinctive market cycles.

He argued that confirmation should come from clear price structure changes, not simply from a move above resistance, and highlighted that traders should wait for both a breakout and follow-through rather than acting on the first impulse.

Spot XRP ETF market performance

The analyst also touched on recent performance in spot XRP exchange-traded funds (ETFs), describing the past week as “fantastic” following similar strength the previous week. Spot ETFs allow investors to gain direct exposure to XRP’s market price, making their performance an indicator of institutional sentiment.

While acknowledging these positive signals in the ETF space, the analyst reiterated that the primary technical challenge for XRP remains the $1.15 to $1.60 resistance range. He stated that only a clear break above this area, validated by a retest and extended move, would confirm the start of a larger upward trend for XRP.

AssetResistance LevelStatus
XRP$1.15–$1.60Below resistance
ElysiumComparable zoneAbove resistance

Until such a breakout occurs, both the researcher and the analyst urge market participants to seek confirmation in the price structure before concluding that XRP has entered a sustained upward cycle.

You Might Also Like

Evernorth one step from Nasdaq debut, XRP supply shock claim draws attention

XRP forms rare golden cross, eyes next major move after MACD signal

Analyst Levi says opportunity to buy $XRP below $2 could end within weeks

Crypto Bitlord says XRP needs upgraded price targets after new Treasury thesis

Crypto Bitlord says he is 100x more bullish on XRP, calls ATH this cycle “logical”

Güvenç Koçkaya 3 September, 2026 - 2:41 pm 3 September, 2026 - 2:41 pm
Share This Article
Facebook Twitter
Share
Güvenç Koçkaya
By Güvenç Koçkaya
Follow:
The author, a medical doctor and health economist, produces content on cryptocurrency markets, blockchain technologies, digital assets, and global finance.As a cryptocurrency writer and investor, he closely follows Bitcoin, altcoins, market trends, macroeconomic developments, token economies, and innovations in the digital asset ecosystem. By combining perspectives from health economics and financial analysis, he evaluates developments in cryptocurrency markets using a clear and data-driven approach.
Previous Article Bitcoin holds $77,000 support as analysts watch for breakout above $79,000
Next Article Shiba Inu’s Shibarium adds Safe v1.4.1, 9 verified contracts now live
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Michael Saylor: “Rich people like to buy Bitcoin, buying Bitcoin makes you rich”
Bitcoin (BTC)
Shiba Inu’s Shibarium adds Safe v1.4.1, 9 verified contracts now live
Shiba (SHIB)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?