Crypto enthusiast Lana Valentis (@LanaValentis) recently published a technical breakdown of XRP, noting the asset is “poised to rebound from the broken descending channel on the daily timeframe, bolstered by robust buyer support confirming the retest.”
XRP has traded within a descending channel since it hit its all-time high of $3.65 in July 2025. The upper trendline has capped every significant rally since mid-2025. The lower trendline has repeatedly provided support.
The chart shows price compressing toward the lower trendline through July and August, with a green highlighted zone near $0.99 marking the support region. That zone absorbed selling pressure, and XRP has since recovered above $1.30.
$XRP Setting Up The Next Big Move 👩💻
Ripple is poised to rebound from the broken descending channel on the daily timeframe, bolstered by robust buyer support confirming the retest.#XRP is becoming the backbone of real-world asset tokenization, and its ecosystem is growing… pic.twitter.com/m5LgDWBSc6
— Lana Valentis (@LanaValentis) October 11, 2026
The Chart Structure
Several horizontal levels are marked across the chart. $1.70, $2.20, $2.70, and $3.65 each carry significance based on prior price interaction. The red dashed line at $3.65 marks the chart’s most prominent resistance. A projected arrow shows price potentially moving from the current zone near $1.35 toward $3.65, passing through each intermediate level. This is a projection, not a confirmed move.
The green-highlighted zone between approximately $0.99 and $1.10 marks where buyers stepped in. After hitting this level in August, XRP rose by over 50% in 65 hours, reclaiming a multi-month peak of $1.68. The asset has now retraced slightly, but still sits well above support.
Targets and Levels
Valentis outlines four targets following a confirmed bounce. The first is $1.70, the nearest resistance level on the chart. The second is $2.20, which aligns with a prior interaction zone. The third is $2.70, another historically significant level. The fourth target is $3.65, matching the red dashed resistance line that originates from the mid-2025 peak.
Each target corresponds to a visible horizontal level on the chart. XRP would need to clear each level before advancing to higher targets. A confirmed bounce from the lower channel boundary is the condition Valentis sets before these targets become relevant.
The Role of Tokenization
Valentis also addressed XRP’s fundamental position. The post states that XRP is becoming the backbone of real-world asset tokenization and that “its ecosystem is growing faster than most realize.” This context sits alongside the technical outlook Valentis presents.
The setup rests on the lower channel boundary holding at $0.99 and buyer strength continuing above that level. The path to $3.65 depends on the support as price rises higher through each resistance zone.
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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