XRP Completes Key Breakout Retest, Eyes Next Bull Market

XRP has completed its retest of the symmetrical triangle breakout that occurred during the November 2024 market rally. This breakout allowed XRP to breach $1, eventually breaking above the symmetrical triangle and surging past the $2 and $3 price levels.

The asset soared to an all-time high of $3.4 by January 2025 before pulling back to retest the $1.60 area. After this retest, XRP rebounded to clinch a new all-time high of $3.6 in July 2025.

However, from that point, bears took control of the market, and XRP's bear market began in August 2025. By October 2025, the rest of the crypto market fell under selling pressure, and XRP was one of the victims, recording seven monthly declines out of eight by June 2026.

XRP eventually dropped to $0.98, retesting the upper trendline of the triangle in August 2026. Since then, the asset has continued to recover, now up more than 63% since July 2026.