XRP Price Analysis: $1.35 Tests Multi-Year Resistance Neckline

XRP is trading near $1.35 as it approaches a technically significant resistance neckline that has capped multiple major rallies in previous market cycles. The asset is currently compressed between this long-standing resistance and a multi-year ascending support trendline, placing price action at a critical inflection point.

Historically, similar structural compression zones have preceded decisive directional moves in XRP, particularly when price repeatedly tested higher timeframe resistance. Traders are now closely evaluating whether this setup favors continuation or another controlled pullback within the broader range.

Recent price behavior aligns closely with current XRP price prediction models that focus on multi-year structural patterns rather than short-term volatility swings.

Key Technical Structure

Rising Multi-Year Support

The green ascending trendline has acted as foundational support across prior corrective phases. Each time price retraced toward this rising base, XRP stabilized before rebuilding momentum.

A controlled pullback toward this level would not invalidate the broader structure. In fact, previous cycle retests of similar ascending support zones have preceded stronger upside expansions, provided the trendline held. This recurring dynamic remains central to ongoing XRP analysis key breakout levels discussions.

Major Resistance Neckline

Above current price, the red resistance neckline remains the primary barrier for bulls. This level has historically defined the upper boundary of extended consolidation ranges and has repeatedly halted upside momentum during prior bullish attempts.

A confirmed breakout above this neckline would represent a structural shift and potentially trigger expansion into higher liquidity zones. Conversely, repeated rejection at this level could extend range-bound conditions and redirect price toward support. Market participants are closely watching how XRP behaves as it tests resistance range conditions that previously marked cycle turning points.

Why This Level Matters

Long-term resistance structures often determine broader market direction. XRP’s historical price action shows that sustained breakouts typically require multiple attempts before confirmation, especially when multi-year technical ceilings are involved.

If bulls secure a decisive close above the neckline, it could signal transition from consolidation into trend continuation. Failure to break higher, however, may reinforce the established range and shift focus back to the ascending support.

The current compression between major support and resistance creates asymmetric opportunity, with the next confirmed move likely to influence sentiment over the coming weeks.

Outlook

XRP now sits at a pivotal structural crossroads between established multi-year support and historically respected resistance. As volatility contracts within this tightening range, probability increases that the eventual breakout or breakdown will carry follow-through momentum.

Patience remains essential. Multi-year trendlines have consistently shaped XRP’s cycle behavior, and resolution from this zone is unlikely to be neutral. Whether price retests support or breaks decisively above resistance, the next move is expected to be technically meaningful.

Source: ChartNerd