Bitget App
Trade smarter
MarketsTradeFuturesEarnAISquareMore
Analyst says XRP must break $1.15-$1.60 resistance to confirm uptrend

Analyst says XRP must break $1.15-$1.60 resistance to confirm uptrend

CointurkCointurk2026/09/03 11:42
By:Cointurk

XRP faces a critical technical challenge as its price approaches a significant resistance zone, drawing attention from traders and analysts closely watching for signals of a sustained upward move.

Key resistance level highlighted

Crypto researcher BankXRP recently shared insights from a German market analyst, who outlined that XRP’s next major test centers on overcoming resistance between $1.15 and $1.60. The analyst emphasized that traders should remain cautious until XRP achieves both a clean breakthrough and a successful retest of this price band.

According to the analysis, only a decisive move above this range, followed by confirmation through a retest, would signal that XRP is emerging into higher retracement levels. The analyst views this process as essential before any consensus can form regarding a new uptrend for the digital asset.

The analyst explained that a breakout above $1.15 to $1.60, followed by a backtest and further upward continuation, would provide the confirmation needed for investors to view the move as sustainable.

BankXRP, which publishes crypto market research, summarized the perspective on X, noting that the “next big test is the resistance zone” and that XRP requires a “clean break + retest” before recent gains can be considered the start of a true rally.

ETH
SOL
BSC
ROBINHOOD
PAY
USDT
RECEIVE
AAPL

Price structure and previous cycles compared

The German analyst also compared XRP’s current market structure to previous cycles, describing the pattern as “somewhat comparable” to earlier scenarios in the market. He noted that XRP remains below the resistance area, in contrast to other assets such as Elysium, which have already managed to break through similar technical barriers.

Elysium, a digital asset network, recently cleared its major resistance, while XRP continues trading below its second critical level. The analyst attributed some of the difference to XRP’s historically slower reaction compared to its peers.

He suggested that XRP could follow a recurring pattern involving consolidation phases, strong upward movement, and subsequent new periods of sideways trading. This “ranging, pumping, ranging” structure points to the possibility of additional consolidation after any short-term surge.

Mini dictionary: Elysium, a blockchain project, is known for its decentralized infrastructure and focus on asset tokenization. It is less widely recognized than platforms such as Ethereum or Solana but serves as an example in technical analyses due to its distinctive market cycles.

He argued that confirmation should come from clear price structure changes, not simply from a move above resistance, and highlighted that traders should wait for both a breakout and follow-through rather than acting on the first impulse.

Spot XRP ETF market performance

The analyst also touched on recent performance in spot XRP exchange-traded funds (ETFs), describing the past week as “fantastic” following similar strength the previous week. Spot ETFs allow investors to gain direct exposure to XRP’s market price, making their performance an indicator of institutional sentiment.

While acknowledging these positive signals in the ETF space, the analyst reiterated that the primary technical challenge for XRP remains the $1.15 to $1.60 resistance range. He stated that only a clear break above this area, validated by a retest and extended move, would confirm the start of a larger upward trend for XRP.

Asset Resistance Level Status
XRP $1.15–$1.60 Below resistance
Elysium Comparable zone Above resistance

Until such a breakout occurs, both the researcher and the analyst urge market participants to seek confirmation in the price structure before concluding that XRP has entered a sustained upward cycle.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.