XRP is approaching a price zone that Crypto analyst ChartNerd has tracked across several market cycles.
In his latest post on X, he said XRP’s long-term ascending support remains intact as the current retracement brings the asset closer to a level that has previously coincided with major reversals.
ChartNerd now expects the “3RD RETEST” of the $0.90 and $0.70 region. His latest analysis builds on a multi-year chart pattern that he has followed through previous XRP market cycles.
Yes. $XRP stars are aligning; our 6YR ascending support floor remains fully intact, and the current retrace is bringing price back toward a level that has consistently marked major reversals 🚀 the "3RD RETEST" is now in sight, with the setup very hard to ignore ($0.90/70). https://t.co/UBkruLx15Z pic.twitter.com/2GB482vDDq
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) August 12, 2026
XRP Approaches the Third Retest
ChartNerd said XRP’s “6YR ascending support floor remains fully intact,” despite the current decline. He identified the $0.90 to $0.70 area as the zone where XRP could test this long-term support structure.
The chart attached to his post highlights several previous interactions with the ascending trendline. ChartNerd labels the earliest point as the creation of the structure, followed by a first retest, second retest, and third retest. The historical price movements shown on the chart also display major expansions following earlier tests of the support line.
His latest post suggests that XRP could now be approaching another significant interaction with the same structure. He described the setup as “very hard to ignore” while pointing to the $0.90 to $0.70 region as the area to watch.
The Multi-Year Cup and Handle Setup
ChartNerd previously presented a longer-term interpretation of XRP’s price structure. He suggested that XRP could be forming a multi-year cup and handle pattern beneath nearly eight years of resistance.
According to his analysis, the cup portion of the formation may already be complete, while the handle could have been developing since XRP reached its previous all-time high. He also identified a potential Gaussian Channel retest as another factor that could coincide with a periodic bottom.
ChartNerd noted that three similar retests had already occurred within the cup formation over the previous six years. He also connected one of those historical retests with the 2017 cycle low.
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$0.89 Support and Future Targets
The analyst previously identified the 0.5 Fibonacci level near $0.89 as another support area that could align with the long-term structure. This creates a price zone that he considers significant if XRP continues to retrace.
ChartNerd also highlighted potential Fibonacci extensions above the current market structure. His earlier analysis placed future targets above $8 if the long-term formation develops as expected.
For now, his latest post focuses on the potential third retest rather than a specific upside target. The key level he identified is between $0.90 and $0.70. This is where XRP could test the ascending support that has remained in place across multiple years.
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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