Is XRP About to Go Crazy Again? Historic Trendline Could Send It Soaring

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Well, here we are again, folks. XRP is back at the same old technical level that has historically sparked some of its most explosive rallies. After a grueling 62% correction (ouch!), which saw the price slump all the way down to $1.10 on February 6, it’s now testing that reliable old ascending support trendline. Let’s see if lightning strikes twice, shall we?

In the meantime, the crypto market is giving us some hope. After weeks of gloom, this week has shown a bit of recovery. On Wednesday, XRP decided it was time to put on its big boy pants and shot up by around 6%, while Bitcoin (BTC) managed to climb back above $70,000. Looks like some optimism is creeping back in, despite the global chaos brewing in the background. But hey, what else is new?

Historic XRP Price Support

According to market analyst Sam Daodu (someone who probably knows more about crypto than most of us combined), XRP is chilling right on the same rising trendline that has previously led to some rather dramatic price moves. Remember the 630% rally in 2024? Yeah, that was fun. And don’t forget the wild 60,000% surge in 2017. Ah, memories!

Now, here’s where things get interesting: This retest is happening with something new in the mix. For the first time ever, XRP has a fully established spot XRP Exchange-traded Fund (ETF) infrastructure behind it. Launched in November 2025, these ETFs have already attracted a staggering $1.24 billion in inflows over four straight months. So, yeah, maybe this time is different.

In fact, 797 million XRP are now safely tucked away in ETF custody. And if that wasn’t enough, institutional wallets have gobbled up an additional 170 million XRP during the recent price dip. Oh, and Ripple’s been busy too – re-locking 700 million XRP into escrow on March 1. They’re keeping that supply in check, no freebies here.

Let’s not forget about the power of March. Over the last 12 years, XRP has averaged an 18% return during this month, making it the MVP of Q1. So, there’s that. If history repeats itself, this month could be a good one.

$4 Target Emerges

Now, let’s get down to the nitty-gritty technical stuff. The $1.27 level is the first place to keep an eye on. It’s like the friendly neighborhood floor that has saved the day during previous corrections. And it also lines up with the 23.6% Fibonacci retracement, which sounds fancy and important, so you know it’s worth mentioning.

If we slip below that, the $1.10-$1.11 zone is where the long-term trendline from February lives. A break below that would be the first time we’ve seen this trendline fail since 2015, and honestly, that could open the door to a much deeper correction, maybe even down to $0.85-$1.00. Not the end of the world, but not great either.

On the flip side, if XRP decides it wants to be a good little crypto, $1.47 is the next resistance to worry about. And if it manages to climb above $1.50, well, now we’re talking – it would confirm a double bottom pattern and could send it soaring toward $1.68-$1.70. A nice little boost for your portfolio, if you’re into that sort of thing.

But wait, there’s more! On-chain data shows that around 1.85 billion XRP have been accumulated between $1.76 and $1.80. This could create some serious resistance, especially since a lot of holders are probably eyeing a breakeven exit. So, don’t get too excited just yet.

The real showdown happens between $2.40 and $2.60. If XRP can close a week above this range, well, that’s when we start talking about a genuine trend reversal. Talk about a game-changer!

Putting it all together, with March’s historical strength, some capitulation signs, and the current supply limitations, Daodu is bold enough to suggest that XRP could potentially reach between $2.50 and $4.00 by late 2026. Who knew the future of crypto could be so… unpredictable? Buckle up!

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2026-03-05 09:58