The XRP price has returned to a crucial technical level that has historically been associated with significant price rallies. Following a sharp 62% correction that saw the token drop to around $1.10 on February 6, XRP is once again testing its long-term ascending support trendline.
In a positive development for the broader crypto market, XRP saw a rebound of approximately 6% on Wednesday, while Bitcoin (BTC) also climbed back above the critical $70,000 level. This has brought some relief and optimism to risk assets despite ongoing global tensions.
Historic XRP Price Support
According to market analyst Sam Daodu, XRP is currently sitting on a rising trendline that has previously preceded significant upside moves, such as a 630% rally in 2014 and a massive surge of over 60,000% in 2017. Notably, this retest is happening for the first time with an established spot XRP Exchange-traded fund (ETF) infrastructure in place.
Since the launch of US spot XRP exchange-traded funds in November 2025, there have been cumulative inflows of $1.24 billion over four consecutive positive months. Additionally, institutional wallets have accumulated 170 million XRP during the recent price dip, while Ripple re-locked 700 million XRP into escrow on March 1.
March has historically been a strong month for XRP, with an average return of 18% over the past 12 years. This seasonality, combined with the current market dynamics, sets up a positive outlook for XRP.
$4 Target Emerges
From a technical perspective, the $1.27 level serves as the first area of support, in line with the 23.6% Fibonacci retracement level. Below that, the $1.10–$1.11 zone represents a critical support level, with a break below $1.10 potentially leading to a deeper pullback.
On the upside, $1.47 and $1.50 are key resistance levels to watch, with potential targets set at $1.68–$1.70. Further resistance is expected between $1.76 and $1.80, where holders may look to exit.
The most significant supply cluster is expected between $2.40 and $2.60, with a weekly close above this range signaling a potential trend reversal. Combining historical strength in March, supply constraints, and market signals, Daodu suggests a potential price target range of $2.50 to $4.00 by late 2026.
Featured image from OpenArt, chart from TradingView.com