Artem Voloskovets
⬤ XRP is advancing toward the upper boundary of a long-term descending channel on the daily chart after bouncing from recent lows. The price now sits within roughly 40 percent of the resistance needed to break the seven-month downtrend. Сonfirmed breakout could trigger a sharp expansion phase that moves quickly rather than gradually.
⬤ The resistance line has been producing consistent lower highs since mid-2025, keeping the bearish structure firmly in place. Recent candles show steady upward movement inside the channel, pulling price closer to the critical breakout zone. The chart reveals building momentum as the distance to resistance continues to shrink. Similar breakout pressure was described in XRP breaks key downtrend and eyes rally.
⬤ Analyst HaileyLUNC noted that "new all-time highs could occur quickly after confirmation rather than developing gradually" once the channel resistance is cleared. This would flip the market structure from lower highs into expansion territory, potentially opening the door for a rapid advance. Comparable expansion scenarios were outlined in XRP explosive breakout potential after consolidation.
⬤ What makes this setup particularly significant is the duration of the trendline itself. Multi-month resistance levels often define broader market direction, and a clean break above would signal a transition from persistent decline into a fresh uptrend phase. However, rejection at this level would keep the descending structure intact and reinforce bearish control for the foreseeable future.
Artem Voloskovets
