XRP tests 12-month resistance near US$1.08 breakout

• XRP (CRYPTO:XRP) was trading at US$1.0801, pressing against the upper boundary of a descending channel that has governed its price trajectory for the past 12 months, with the gap between current price and falling resistance now reduced to nearly nothing.
• The descending channel formed following XRP's peak of approximately US$3.60 in July 2025, with the upper trendline consistently rejecting every recovery attempt over the subsequent year and sending the price lower after each test.
• The lower boundary of the channel developed from around the US$2.00 area and has guided XRP through the US$1.50 range, the US$1.30 range, and towards its current level near US$1.08, representing a decline of more than 70% from the July 2025 peak.

The current compression pattern resembles the technical setup that preceded XRP's major rally from a long-standing accumulation range to approximately US$3.30 by January 2025, following a breakout in November 2024 after roughly 16 months of sideways movement between US$0.45 and US$0.75.

A subsequent symmetrical triangle formation that developed between US$3.30 and support near US$1.90 to US$2.00 also eventually broke higher in mid-2025, leading to the July 2025 peak of US$3.60.

The critical near-term technical signal to watch is a confirmed daily candle close above the channel's upper trendline, which currently sits at approximately US$1.10.

Should XRP (CRYPTO:XRP) achieve a confirmed breakout above US$1.10, the first significant resistance zone is identified between US$1.50 and US$1.60, an area that acted as support throughout late 2025 before the channel drove prices lower.

A sustained move above the US$1.50 to US$1.60 zone would place US$2.00 as the next major level, which served as the foundation for the mid-2025 rally to US$3.60 and remains a historically significant turning point on the chart.

From the current price of US$1.0801, a recovery to US$2.00 would represent a gain of approximately 85%, with further resistance levels noted at US$2.50 and US$3.00 on any continued recovery attempt towards the July 2025 high.

With the price and resistance now compressed to minimal separation, analysts note that a decisive move in either direction — breakout or rejection — may occur within the near term.

At the time of reporting, XRP price was $1.08.