XRP surged 70% in under 72 hours to a multi-month high of $1.70, then pulled back to $1.50. Analysts now say whether the token holds its post-surge structure or slides further will decide its next move.
Ripple's XRP has cooled off after one of its wildest stretches in months, dipping from $1.70 to $1.50 after a volatile few days triggered by a Wednesday Treasury Department announcement. The pullback has traders watching whether the rally still has legs.
Buyers took control after XRP repeatedly challenged the $1.00 support level over the past few weeks. That drove the token to a multi-month peak of $1.70 on Saturday morning, a 70% jump in less than 72 hours.
Still, the rejection at $1.70 was painful. Analyst EGRAG CRYPTO said XRP has now moved into its most important area after months of bearish price action. The $1.65 to $1.70 zone has capped the token for most of 2026, a level EGRAG CRYPTO calls the key resistance to watch.
CasiTrades made a similar point, noting that the latest move reached a decisive technical area where the depth of the correction will determine whether the broader bullish structure remains intact.
However, Dark Defender continues to view XRP's broader Elliott Wave structure as bullish. ChartNerd is watching whether the token can reclaim other major higher-timeframe levels after its earlier dip below $1.00. ChartNerd had previously said XRP was likely to sweep below that psychological level in 2026 before recovering.
Source: CryptoPotato
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