{"id":37306,"date":"2026-03-05T07:00:02","date_gmt":"2026-03-05T07:00:02","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=37306"},"modified":"2026-03-05T07:00:02","modified_gmt":"2026-03-05T07:00:02","slug":"xrp-price-retests-decade-old-trendline-that-previously-triggered-630-rallies","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=37306","title":{"rendered":"XRP Price Retests Decade-Old Trendline That Previously Triggered 630%+ Rallies"},"content":{"rendered":"

The XRP price returned to a technical level that, historically, has defined some of its most explosive rallies. After enduring a sharp 62% correction that culminated in a drop toward $1.10 on February 6, the token is once again testing its long-term ascending support trendline.<\/p>\n

Amid this, the broader crypto market has shown signs of recovery this week, offering some relief. On Wednesday, the XRP price rebounded roughly 6%, while Bitcoin (BTC) climbed back above the critical $70,000 level, restoring a measure of optimism across risk assets despite ongoing global tensions.<\/p>\n

Historic XRP Price Support\u00a0<\/h2>\n

In a Wednesday report<\/a>, market analyst Sam Daodu pointed out that the XRP price is sitting on the same rising trendline that has historically preceded dramatic upside moves \u2014 including a 630% rally in 2024 and an extraordinary surge of more than 60,000% in 2017.\u00a0<\/p>\n

What makes this retest different, Daodu noted, is that it is happening for the first time with a fully established spot XRP Exchange-traded fund (ETF) infrastructure behind it.<\/p>\n

Since their launch in November 2025, US spot XRP exchange-traded funds<\/a> have attracted $1.24 billion in cumulative inflows over four consecutive positive months. Approximately 797 million XRP are now held in ETF custody.\u00a0<\/p>\n

At the same time, institutional wallets accumulated an additional 170 million XRP during the most recent price dip. Ripple also re-locked 700 million XRP into escrow on March 1, maintaining its standard release cycle and limiting new supply<\/a> from entering the market.<\/p>\n

March seasonality adds another layer to the setup. Over the past 12 years, XRP has delivered an average return of 18% in March, making it statistically the strongest month of the first quarter.\u00a0<\/p>\n

$4 Target Emerges<\/h2>\n

From a technical standpoint, the $1.27 level represents the first area of support to monitor. It aligns with the 23.6% Fibonacci retracement level <\/a>and has served as a bear market floor throughout the correction.\u00a0<\/p>\n

Below that, the $1.10\u2013$1.11 zone marks the precise location of the long-term ascending trendline that held in February. A decisive break beneath $1.10 would represent the first failure of this channel since 2015 and could expose the XRP price to a deeper pullback toward $0.85\u2013$1.00.<\/p>\n

On the upside, $1.47 stands as the nearest Fibonacci resistance, followed closely by the $1.50 neckline of the double bottom<\/a>. A sustained close above $1.50 would confirm the pattern and project a move toward $1.68\u2013$1.70.<\/p>\n

Beyond that range, on-chain data shows roughly 1.85 billion XRP accumulated between $1.76 and $1.80, a zone where holders may look to exit at breakeven, potentially creating substantial resistance.\u00a0<\/p>\n

\"XRP<\/p>\n

The most significant supply cluster lies between $2.40 and $2.60; a weekly close above that band would invalidate the broader descending structure and signal a more decisive trend reversal.<\/p>\n

Combining historical March strength, capitulation signals, and structural supply constraints, Daodu suggests the XRP price could potentially reach a range between $2.50 and $4.00 by late 2026.<\/p>\n

Featured image from OpenArt, chart from TradingView.com <\/p>","protected":false},"excerpt":{"rendered":"

The XRP price returned to a technical level that, historically, has defined some of its most explosive rallies. After enduring a sharp 62% correction that culminated in a drop toward $1.10 on February 6, the token is once again testing its long-term ascending support trendline. Amid this, the broader crypto market has shown signs of […]<\/p>\n","protected":false},"author":1,"featured_media":37307,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-37306","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xrp"},"yoast_head":"\nXRP Price Retests Decade-Old Trendline That Previously Triggered 630%+ Rallies - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=37306\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Retests Decade-Old Trendline That Previously Triggered 630%+ Rallies - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"The XRP price returned to a technical level that, historically, has defined some of its most explosive rallies. 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