XRP Price Near $1.87 as Market Prepares for Major Technical Shift

TLDR

• XRP is trading near $1.87 and is approaching a critical breakout point in a long-term ascending triangle.
• The price structure shows higher lows and decreasing pullbacks which indicates that buyers are gaining control.
• XRP continues to hold above its 20-month EMA which supports a bullish long-term outlook.
• Analyst ChartNerd stated that XRP’s current setup could lead to a move toward $4 to $6 by 2026.
• The analyst views 2025 as an accumulation year with a potential breakout expected to follow in 2026.
• XRP has held above its former resistance level which is now acting as support after consolidating above $2 for over a year.

XRP continues to approach a critical technical level, with price behavior suggesting that its next move could be decisive and fast. The coin now trades near $1.87, recovering from a recent dip, while analysts track an ascending triangle structure. As this formation tightens, market observers say the current price zone could define XRP‘s direction for 2026.

Technical Setup Signals Turning Point

XRP has traded within an ascending triangle pattern, showing higher lows since 2022 and resisting a break below long-term support. This structure, according to analyst ChartNerd, indicates decreasing selling pressure as buyers enter earlier in each pullback. XRP now trades just below $1.91, sitting near its multi-year resistance.

The triangle’s upper trendline continues to cap price, while the rising base reinforces buying interest at key support levels. “Sellers are gradually losing control,” said ChartNerd in a recent update, pointing to shrinking corrections as proof of demand. XRP’s price behavior shows a market leaning toward strength, not weakness.

During the last dip, XRP completed an ABC correction but failed to break lower, instead bouncing near its 20-month EMA. This moving average acts as a key indicator of long-term trend stability and remains unbroken. The coin’s ability to hold above this level has maintained its bullish setup.

XRP Price Holds Near $1.87 as Buyers Step In

The XRP price climbed 0.4% on the day to trade at $1.87, slowly recovering from a recent low of $1.89. It remains down 6.81% over the past seven days as the broader crypto market shows weakness. However, buyers continue defending key support levels, showing resilience in current conditions.

He explained that a breakdown would flip the trend, but current conditions lean bullish. XRP’s structure suggests strength while still facing overhead resistance around the $2 zone.

According to the analyst, the market has spent over a year consolidating above former resistance, now acting as support. This level has prevented breakdowns and supported a tight trading range between $1.80 and $2.10. The price behavior fits a pattern of accumulation rather than distribution.

Analyst Expects Price Acceleration in 2026

ChartNerd believes 2025 will serve as an accumulation phase before a potential breakout in 2026. He said that XRP often moves without warning and could rally when traders least expect it. “XRP likes to move aggressively when sentiment is weakest,” he stated.

The analyst projects that if the current structure holds, XRP could target a range between $4 and $6 in 2026. This expectation comes after the asset broke above its 2021 highs and maintained higher lows. The continuation of this trend could support a future bullish run.

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