XRP [Photo: Shutterstock]

[DigitalToday reporter Yoonseo Lee] XRP has failed to break above the $1.1444 resistance level on the weekly chart, and it has yet to end a downtrend structure that has lasted for more than a year.

The Crypto Basic, a blockchain outlet, reported on Tuesday that XRP is trading in the $1.11 range. It said XRP must first break above $1.1444 on a weekly closing basis to turn into a rebound.

That level matters because it is not just a short-term resistance point. It is where a horizontal resistance level overlaps with a pattern of lower highs that has continued since a $3.66 peak in July last year. XRP is down more than 70 percent from its all-time high (ATH) of $3.6. Rebound attempts since then failed to clear the $3.30 to $3.40 range. It was then blocked around $2.50, $2.00 and near $1.60 in early 2026. The steady decline in highs means selling pressure has become dominant.

Upper resistance is also visible in the Ichimoku Cloud. XRP is trading below the weekly conversion line of $1.2050, the base line of $1.5182, leading span A of $1.3616 and leading span B of $2.3293. With the price under all four levels, the broader trend remains dominated by selling.

In the near term, the first level the market is likely to watch is $1.1444, but crossing it would not be enough to call an immediate trend reversal. XRP would then need to regain the conversion line at $1.2050. Leading span A at $1.3616 would be the next resistance. If the weekly close rises clearly above $1.1444, the year-long pattern of lower highs could be broken for the first time.

On the downside, $1 remains a key psychological support level. The low of this week's weekly candle has already slipped to $1.0531. $1 is less than 1 percent below the weekly low. A warning has emerged that if XRP closes below $1 on the weekly chart, it would lose the last notable support and could face stronger selling pressure.

Over the medium to long term, the $2.4 area was also presented as a major resistance level. That price range served as support in a 2025 trading range, but it is now about 116 percent above the current price. As a result, whether XRP rebounds is expected to depend for now on defending $1 and breaking above $1.1444.

The key point of this analysis is that a single price resistance level and the Ichimoku Cloud are sending signals in the same direction. XRP has entered a phase in which it is more important to determine whether it can actually break the downtrend structure on a weekly closing basis than whether it can stage a short-term rebound.

Keyword

#XRP #Ichimoku Cloud #The Crypto Basic #ATH #weekly close
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