XRP Correction Puts $1.14 Channel Breakout Level at Risk

XRP could fall another 15.8% from its current price to retest a major level from its recent breakout above a descending channel. The weekly chart places this level around $1.1449, where the former resistance line could now provide support. If buyers defend the area, XRP could recover above $2 . However, a break below it could expose the cryptocurrency to further declines below $1. The descending channel began to form after XRP fell from its $3.66 all-time high in July 2025. For several months, the pattern limited the asset’s recovery, as rallies repeatedly failed at the upper trendline.

Source: The Crypto Basic