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XRP Retreats to Crucial Breakout Zone

Guavy AI Editorial Team Published September 30, 2026

Instruments

XRP

XRP has pulled back to test its former breakout area after surging in late 2024.

The asset's weekly chart is showing a long-term setup similar to the compression and breakout structure seen before its historic 2017 rally.

XRP broke above a multi-year resistance line during the 2024 rally, which carried the price from below $1 to well above $2 within weeks.

The current retest of the former breakout area is important for XRP's long-term structure, with momentum beginning to recover.

The Wire

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