Following the recent market trend, the price of XRP has remained on an significant trend line over the years. This trendline is heading in a bullish direction, and as long as the cryptocurrency remains above it, the likelihood of a recovery remains high. However, a break below this multi-year trend line could signal doom, according to cryptocurrency analyst CrypFlow forecasting how low a digital asset can go before it finally hits bottom.
Bears Threaten XRP’s Multi-Year Trendline
According to cryptocurrency analyst CrypFlow, the multi-year XRP trendline that began in 2017 is still relevant today. In fact, with the price well above the $1.2 level, it is it’s still holding up well. So far, this has suggested that the bulls still have some strength left, and this trendline has been a beacon.
From this point on, the XRP price will only need to complete a breakout to maintain its uptrend. This breakout would not only have to happen, but it would have to happen with a bang. As CrypFlow explains, to gain momentum, The price of XRP must do two things.
First, the XRP price must break the descending resistance. This bearish resistance started in 2025 and will continue until 2026. As long as this resistance holds, the price will remain bearish. But the move towards $2 invalidates this.
Next on the list is the fact that the XRP RSI downtrend also needs to be broken. A break above $2 will end this, providing enough momentum for the cryptocurrency to follow. The cryptocurrency analyst believes that such a move would send the XRP price to its 2018 high of $3.8.
However, if the bulls are unable to complete the breakout within a few moments, then the bears could take over once again. In such a scenario, the price would lose its multi-year trend and eventually fall below $1.
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Once this happens, there will be little cushion left for the cryptocurrency. As the price drops, the analyst highlights the so-called “discount zone” where XRP would be seemingly budget-friendly to purchase and hovers around the $0.6-0.8 level. Nevertheless, once the decline ends, the price is expected to rebound.
Featured image from Dall.E, chart from TradingView.com
