Usman Salis
XRP has demonstrated textbook technical behavior by returning to test a major breakout level and bouncing cleanly off what traders are calling "golden support." This price action, first highlighted by crypto analyst Xoom, suggests the digital asset's bullish structure remains intact despite recent volatility. The successful retest offers insights into where XRP might head next and what levels traders should watch.
The Golden Ray Comes Full Circle
Back in late 2024, when XRP was pushing through resistance, analyst Xoom identified what he called a "golden ray" trendline on his charts. At the time, he figured XRP wouldn't come back to test it. Fast forward several months, and that's exactly what happened. The token dropped back down, touched that line, and bounced right off it. It's one of those moments that makes technical analysis believers nod knowingly—old resistance really can become new support.
What the Chart Shows
XRP spent years bumping its head against a descending trendline. Between 2021 and 2023, it tried breaking through multiple times and failed each attempt. Then in November 2024, something changed. The token finally burst through that ceiling, powered past the $1.25 area, and shot up toward $3.50.
The recent pullback brought XRP right back to that breakout zone around $1.25. Instead of collapsing through it, the price found buyers and pushed back up. That's significant because it shows the market's character has shifted. People who were selling at those levels in previous years are now stepping in to buy.
There's an old trading saying: "What was resistance becomes support." XRP's behavior at this golden line is textbook stuff. It tells us the market has moved into a new phase where participants are willing to buy at levels that used to be selling zones. If this support holds up over the coming weeks, we could see another push toward that $3.50 to $4.00 range where sellers previously showed up in force.
Of course, if $1.25 gives way, the whole narrative changes. A breakdown there would suggest the bulls have lost control and open the door for deeper drops that could test lower support zones.
Usman Salis
