The post XRP Price Enters Key Resistance Zone—Can a Breakout From Here Trigger a New All-Time High Rally? appeared first on Coinpedia Fintech News
The XRP price displayed strong bullish momentum and rallied from local lows around $1.42 to nearly $1.54 amid improving market sentiment. The recovery followed Bitcoin’s rise above $81,000, while the recent Hyperliquid–Coinbase partnership further boosted optimism across the crypto markets. Meanwhile, XRP trading volume surged by more than 70% to cross $4 billion, highlighting a sharp rise in trader participation.
Although bears have pulled the price back toward $1.48, bullish sentiment continues to dominate, suggesting the possibility of a healthy rebound in the short term.
XRP Holds a Pivotal Support Range
The price has entered a crucial phase after witnessing a sharp correction from its yearly highs above $3. The token recently rebounded from the lower support zone near $1.40, signaling that buyers are attempting to defend a major long-term trendline support despite ongoing market volatility. Traders are now closely watching whether the XRP price can reclaim higher resistance levels and eventually target a fresh all-time high rally.
The weekly chart shows XRP continuing to trade within a massive ascending parallel channel that has guided the broader trend since 2021. After facing a strong rejection from highs above $3 earlier this year, the price corrected sharply and revisited the lower boundary of the channel near the $1.40 to $1.45 region. Meanwhile, the RSI indicator is attempting to recover from near-oversold conditions, suggesting that bearish momentum may be weakening gradually.
On the other hand, the CMF has also displayed a bullish divergence after a steep downfall. This suggests a relief rally has begun wherein the price may bounce aggressively, but the conviction behind the move may remain weak. Currently, the sellers are losing control, but the buyers are not dominant yet, which suggests the possibility of an early accumulation. If CMF maintains a steady upswing, the probability of a real trend reversal increases substantially.
Has the XRP Price Begun a New ATH Rally?
XRP currently appears to be trading at one of its most important long-term support zones, where the broader bullish structure remains technically valid. For bulls, the immediate focus remains on reclaiming the mid-channel resistance near $2. A breakout above this range could significantly strengthen bullish momentum and open the doors for a rally toward the $3 region once again.
If it successfully flips $2 resistance into support, the possibility of targeting fresh all-time highs above the previous peak could increase substantially. As long as the price continues holding above the crucial $1.40 support zone, the broader setup may favor gradual recovery. But losing this support could weaken the bullish structure and delay the possibility of a larger breakout cycle.
