XRP [Photo: Shutterstock]

[DigitalToday reporter Yoonseo Lee (이윤서)] XRP has entered a $1.22 to $1.34 support zone, testing whether the rebound since the August low can be maintained.

The Crypto Basic, a blockchain media outlet, said on Oct. 19 (local time) that XRP must hold the current zone to recover to $1.50 to $1.70 and then make another attempt at resistance in the $2 range.

XRP is trading at about $1.30 and remains within the chart’s support zone. It fell as low as $1.2840 earlier this week before rebounding to around $1.34, but failed to break above $1.3408, the upper end of the support zone.

The key is that this zone is the level that will determine whether the August rebound extends. XRP slid to around $1 in August and then rebounded strongly, later climbing to near $1.70. It has since come under renewed correction, and market attention has turned to whether the latest dip is part of a process of forming a higher low.

The lower defense level is $1.2193. XRP fell as low as $1.2840 last week, moving into this range, but buying has so far prevented the price from falling to the bottom of the zone. If it stays below $1.2193, the scenario that the August rebound is forming a higher low could weaken. In that case, the market’s focus would shift back to the August lows.

XRP still faces the $1.50 to $1.70 zone first. This area is where prices clustered in recent weekly moves and where multiple highs were formed. From around current levels, XRP would need to rise about 12 percent to reach $1.50 and about 27 percent to reach $1.70. Recovering this zone would be a stronger signal that the August rebound is continuing.

On technical indicators, the higher resistance levels are $2.0863 and $2.3197. From current levels, XRP would need to rise about 56 percent to reach $2.09 and about 73 percent to reach $2.32. After recovering the $1.50 to $1.70 zone and the weekly cloud band, it would need to move stably above $2.0863 for the $2.3197 resistance level to also carry meaning.

The next review point is the week that includes Dec. 7, 2026. This is not a deadline for XRP to reach a target price, but a reference point for reassessing whether support holds, whether intermediate resistance is recovered and the possibility of a renewed drop back toward the August lows.

The core of this chart is the path rather than the target price. XRP must pass a series of technical conditions, including short-term support, intermediate resistance and the weekly Ichimoku cloud. It shows that whether the rebound continues should be judged by structure rather than a single price.

Keyword

#XRP #The Crypto Basic #Ichimoku cloud #August #December 7 #2026
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