XRP is maintaining a supporting trend within a rising triangle that has continued since 2018.

The Crypto Basic reported on Thursday that on the monthly chart XRP is holding its long-term support line, and that a break above upper resistance would point to $6.4413 and $8.7614 as the next target zones.

XRP is currently trading in the $1.10 range. It is up more than 9 percent from this month’s opening price of $1.0385. In July, its high was $1.1828 and its low was $1.0210. The short-term gain is drawing attention, but the key point in the bigger picture is that the price remains within a rising triangle formed over about 8 years.

The lower trendline on the monthly chart was presented as linking the 2017 low with the 2019 correction, the 2020 accumulation zone and the 2022 bear-market bottom. With each low forming above the previous one, it indicates buying interest entered at higher price levels across multiple market phases. On the chart, it is read as a signal that long-term demand has been maintained.

The upper trendline, by contrast, has acted as resistance at each major rebound since the roughly $3.3 peak in 2018. XRP moved above this resistance in 2024 and rose past $3.6 in July 2025, but later returned inside the triangle during a pullback. Still, the current price of $1.1314 remains above the rising lower trendline.

The market is viewing $0.8369 as a key defensive line. This zone corresponds to the 0.33 Fibonacci retracement level. If the price stays above this line, it could support the view that the decline since the 2024 breakout is a "normal correction" rather than a breakdown in trend.

On the upside, $1.5620 was presented as the next major resistance level. This price is the Fibonacci 0.618 zone. A move above this level on a monthly closing basis could signal that the current pullback is entering its final stage. Further resistance zones were cited at the 0.786 level of $2.2477 and the 0.888 level of $2.8035.

Over the longer term, the most important inflection point is $3.5733. This price is the Fibonacci 1.0 level and aligns with the rising triangle’s upper resistance. XRP met resistance in this zone at the 2018 market peak, and gains were also capped during the 2024 breakout attempt. A firm monthly close above $3.5733 could clear the long-standing resistance and shift attention to the next extension zone.

The first target price after that was presented as $6.4413, the Fibonacci 1.272 extension zone. The next target is $8.7614 at the 1.414 extension line. These targets, however, are premised on a breakout above the long-term triangle’s upper boundary on a closing-price basis.

As a result, three points are seen as more important than XRP’s short-term price swings. They are whether the $0.8369 support level holds, whether $1.5620 is regained on a monthly closing basis, and whether XRP moves above $3.5733 to actually clear long-term resistance, which is expected to guide judgments on the next trend.