Markets· ★★★· neutral·

XRP Breaks Year-Long Falling Channel, but Ichimoku Cloud Caps Path to $2

  • —XRP trades at $1.5138 after breaking its year-long falling channel in August 2026
  • —Tenkan-sen and Kijun-sen converge at $1.3426, marking the key support zone
  • —Senkou Span B of the weekly Ichimoku Cloud at $2.0191 remains the main resistance
  • —+DI at 28.57 leads -DI at 17.15, but ADX easing to 28.46 signals fading bullish momentum
Why it matters: A weekly close above $2.0191 would confirm a long-term trend shift for XRP, while a sustained drop below $1.3426 would undermine the channel breakout.
#XRP
Source: The Crypto Basic
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