Close Menu
    What's Hot

    Active Addresses Set New Record

    March 21, 2026

    The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

    March 21, 2026

    Bitcoin Options Flag Traders’ Fear As Iran War Carries On

    March 21, 2026
    Facebook X (Twitter) Instagram
    memecoinelinator.com
    • Home
    • Bitcoin
    • Crypto News
    memecoinelinator.com
    Home»Bitcoin»XRP Price Is Maintaining This Multi-Year Trendline, But A Crash Could Be Looming
    Bitcoin

    XRP Price Is Maintaining This Multi-Year Trendline, But A Crash Could Be Looming

    March 21, 2026No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Following the recent market trend, the XRP price has maintained its hold on an important trendline over the years. This trendline leans bullish, and as long as the cryptocurrency holds above it, the likelihood of a recovery remains high. However, a break below this multi-year trendline could signal doom, with crypto analyst CrypFlow forecasting how low the digital asset could go before eventually finding a bottom.

    Bears Threaten XRP’s Multi-Year Trendline

    According to crypto analyst CrypFlow, the XRP multi-year trendline that began back in the year 2017 is currently still in play. In fact, with the price trading well above the $1.2 level, it continues to hold up well. So far, this has suggested that bulls still have some strength left, and this trendline has been a beacon.

    Related Reading

    From here on out, the XRP price would only need to actually complete a breakout to maintain its uptrend. This breakout would not only need to happen, but it would need to do so with momentum. As CrypFlow explains, for momentum to follow, the XRP price needs to do two things.

    The first of these is that the XRP price needs to break out of the descending resistance. This descending resistance had begun back in 2025, continuing on into 2026. As long as this resistance remains, the price remains bearish. But a break towards $2 invalidates it.

    Next on the list is that the XRP RSI downtrend needs to be broken as well. A breakout above $2 will complete this, ensuring that there is enough momentum for the cryptocurrency to follow. Such a move, the crypto analyst believes, would send the XRP price toward its 2018 highs of $3.8.

    Source: X

    However, in the case that the bulls are unable to complete a breakout within moments, then the bears could take control once again. Such a scenario would see the price lose its multi-year trend and eventually fall below $1.

    Related Reading: Analyst Says Bitcoin Price Is Showing Dangerous Weakness, Here’s Why

    Once this happens, then there is little cushion left for the cryptocurrency. As the price falls, the analyst highlights what they call the ‘discount zone,’ where XRP would be seemingly cheap to buy, and this lies around the $0.6-$0.8 level. Nevertheless, once the decline is over, the price is expected to rebound again.

    XRP price chart from TradingView.com
    Price struggles amid market downturn | Source: XRPUSDT on TradingView.com

    Featured image from Dall.E, chart from TradingView.com

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

    March 21, 2026

    Bitcoin Options Flag Traders’ Fear As Iran War Carries On

    March 21, 2026

    Polymarket’s 5-cent signal was the only thing that got the Netanyahu rumors right

    March 21, 2026

    Hong Kong Retiree Loses $840K in Triple Crypto Scam

    March 21, 2026
    Add A Comment

    Comments are closed.

    Latest News

    Active Addresses Set New Record

    March 21, 2026

    The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

    March 21, 2026

    Bitcoin Options Flag Traders’ Fear As Iran War Carries On

    March 21, 2026

    Polymarket’s 5-cent signal was the only thing that got the Netanyahu rumors right

    March 21, 2026

    Insufficient XRP Reserve Errors Hit 3-Year Peak Above 372,000: What Does This Mean for XRP? – BitRss

    March 21, 2026
    • Home
    • Bitcoin
    • Crypto News
    © 2026 Memecoineliminator.com.

    Type above and press Enter to search. Press Esc to cancel.