XRP Breaks Out of Falling Wedge, Sets Sights on Blue Box Resistance

XRP has broken above a falling wedge on its weekly chart, marking a significant technical development for the asset. The breakout occurred near the $1 support area and followed a strong move from the $1 region.

The yellow trendlines on the weekly chart formed a falling wedge that developed after XRP reached its all-time high of $3.65 in July 2025. The asset continued to make lower highs while gradually moving toward the $1 region, eventually breaking above the upper trendline.

A blue box between roughly $1.85 and $1.95 now represents a major resistance zone for XRP. A weekly close above this region would strengthen the breakout setup and confirm the rally's momentum.