XRP has been trading inside a descending channel on the daily timeframe for well over a year. Price compressed gradually, momentum faded, and most retail participants moved on. Now the chart tells a different story.
Crypto enthusiast Amelia (@Amelialllo) has published an analysis arguing that the breakout from that structure is already underway. She shared technical levels and on-chain data aligning to back the move.
The Chart Structure
The chart shows XRP trading within a long-term descending channel stretching back to mid-2025. Inside that channel, a tighter bullish flag formation developed. The asset found a floor near $0.99, falling below $1 as many experts predicted. A significant recovery followed immediately.
This sharp upward move came in late August, but was short-lived. XRP then formed a bull flag as it slowly retraced. XRP has now broken above both the flag and the outer boundary of the descending channel on the daily timeframe.
The current price sits around $1.54 after the rally over the past few days. The chart also marks a series of blue horizontal levels representing target zones. These align with prior price structure from 2025 and early 2026. The break above the channel marks an extended period of lower highs and lower lows, making the current move structurally significant.
$XRP The Breakout Is Already Here 💥
Ripple is breaking above the big descending channel and the bullish flag inside it on the daily timeframe.
While retail was sleeping, whales accumulated over 470 million #XRP in just 5 days. That is $724 million of conviction hitting the… pic.twitter.com/X4jp3C7I1d
— Amelia (@Amelialllo) September 26, 2026
Whale Activity Confirms the Move
The technical pattern alone would attract attention. The on-chain data adds weight to it. Amelia highlights recent reports that whales accumulated over 470 million XRP in just 5 days. This represents approximately $724 million in buying pressure concentrated into a short window.
That accumulation, occurring near the bottom of a multi-month channel, highlights institutional positioning ahead of the breakout. Amelia describes it as “$724 million of conviction hitting the market at once.”
Retail participation was limited during that accumulation phase. Buying came in quietly, near lows, before the structural break became visible on the chart.
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XRP Price Targets
Amelia outlines four target levels based on the chart structure. The first is $1.70, which XRP has already approached. The second is $2.20, followed by $2.70. The final target sits at $3.65, aligning with the asset’s all-time high and the chart’s upper resistance zone.
The chart’s projected path shows a sharp move toward $3.65, with annotations suggesting the move could develop over the coming weeks into November 2026.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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