XRP rebounds 50%, chart analyst flags key support level at $1.01

Crypto market analyst JD, known online as @jaydee_757, has released a technical analysis highlighting critical developments in the price movement of XRP. His recent chart-focused discussion examined XRP’s weekly time frame, pointing to a decisive structural turning point that could shape the coin’s short- to medium-term trajectory.

The 2025 downtrend and key support

Since reaching a high in July 2025, XRP experienced a persistent downtrend with a pattern of lower highs and lower lows. JD’s analysis mapped out each significant swing, underlining how the asset faced repeated rejections at descending levels while also losing previous support points. The downward momentum drove XRP toward the 0.786 Fibonacci retracement level at $1.0133, a price zone that ultimately acted as a strong support. The weekly chart shows XRP stabilizing above its most recent low around $1.

Mini dictionary: Fibonacci retracement, a popular technical analysis tool that identifies potential support and resistance levels using key ratios derived from the Fibonacci sequence, commonly 0.382, 0.5, 0.618, and 0.786.

As of now, XRP is trading at $1.3955, which remains substantially below its historical peak of $3.65. However, JD’s chart suggests that current price levels may be significant for determining the coin’s next major direction.

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Breakout signals and a higher high

Following support at the $1 range, XRP saw a sharp price reversal. Last week, the asset gained over 50% within a short period, breaking through a long-standing descending trendline. On his chart, JD highlighted this breakout and labeled the subsequent formation of a “higher high” above the last swing point—a development that technical traders often interpret as an early sign of trend reversal.

JD commented on this shift, writing, “If XRP holds above the prior LL and creates another HH, I believe the BOTTOM is IN!” He noted that the region between $1.85 and $1.95 is acting as major resistance, with XRP’s latest rally halting just under this zone. The coin’s ability to consolidate above this horizontal level could be a decisive factor in setting the stage for future price action.

If XRP maintains its position above the recent low and secures another higher high, JD believes “the bottom is in.” Yet, if price breaks below support, he anticipates a sharp decline into the highlighted accumulation zone.

Potential outcomes and risk management

JD underscored the importance of watching the current structure. If the new higher high fails to hold, he expects XRP to move quickly down toward what he has termed the “pink box”—a lower price range where he aims to accumulate more. JD indicated that he uses this box as a tactical area for adding to positions, demonstrating a flexible approach to market developments.

JD’s multi-year projection considers a possible market cycle peak in 2028, hinting that the present rally may be just the beginning of a larger upward trend built on higher highs and higher lows. However, he has cautioned followers on his social channels against trying to time the exact bottom.

JD notes that careful risk management remains essential, advising traders not to attempt to time the lowest point but instead focus on structured entries and disciplined strategy.

XRP is the digital asset associated with Ripple, a company focused on providing real-time cross-border payment solutions for financial institutions. Its price action draws significant attention from technical analysts and retail traders due to frequent volatility and its prominent market position.