XRP has recently reached the lower boundary of its long-term price channel, a level that has historically marked the start of significant uptrends.
The weekly chart shared by crypto analyst CW (@CW8900) highlights this development, showing a recurring pattern of rebounds from the channel’s support line.
Technical Patterns Indicate Strength
The chart shows multiple historical points where XRP touched the lower channel line before initiating strong upward moves. These points include early 2017, late 2024, and early 2026. Each instance was followed by an extended period of bullish momentum.
The recent decline brought XRP close to the same support level, suggesting a potential setup for another upward phase. CW’s analysis emphasizes the consistency of this trend across market cycles.
XRP is currently trading at approximately $1.42. The recent price movement aligns with the lower channel line, reinforcing a technical foundation for future gains.
The long-term channel, defined by upper and lower boundaries, provides a clear price range. Historically, XRP has respected this structure, demonstrating resilience and predictable movement within the channel.
$XRP touched the bottom of the channel in recent decline.
Previous data shows that an uptrend began shortly after touching the lower line.
This means a real $XRP rally is just around the corner. pic.twitter.com/xx89NHAYb9
— CW (@CW8900) February 9, 2026
Projected Price Movement
The chart includes a projected trajectory indicating a possible move toward the upper channel boundary. While precise timing remains uncertain, the pattern suggests that XRP could experience notable growth in the months ahead. CW highlighted the historical nature of this pattern, showing that previous rebounds were followed by significant price acceleration.
Short-term traders may interpret the current level as a key buying opportunity. Entering near the support level will align investors with the technical trend shown on the weekly chart. The lower boundary of the channel has historically acted as a reliable support, reducing downside risk while offering a potential for strong returns.
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What’s Next for XRP?
In past cycles, XRP saw reduced volatility as it approached the lower channel line, followed by renewed upward momentum. CW’s chart suggests that similar conditions may be forming, indicating a favorable environment for buyers seeking to capitalize on historical patterns.
The consistency of these patterns adds credibility to the technical outlook provided by CW. The chart provides clear evidence of recurring price behavior and support levels that have repeatedly triggered rallies. While market timing is always uncertain, the technical structure indicates that XRP is well-positioned for growth.
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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