XRP breaks year-long downtrend, analyst sets sequential targets up to $3.60

Five rejections mark downtrend’s endurance

The downtrend began at XRP’s local high of $3.65 in July 2025, as illustrated by Marmot’s analysis. Each time the price approached the descending trendline, sellers stepped in to defend it, pushing XRP lower. These rejections were observed in July 2025, October 2025—immediately before a sharp price crash—January 2026, May 2026, and July 2026.

By September 2026, the trendline was approaching the $0.80 level. According to Marmot, if a breakout had not occurred at this stage, XRP would likely have continued its slide below $1. However, a significant green weekly candle recently closed above the trendline, suggesting renewed upward momentum.

Most people are missing this, but XRP has finally broken out of the downtrend from July 2025. The year-long compression is over.

The breakout at approximately $1.15 breaks the persistent pattern and could signal a new phase for XRP’s price action.

Mini dictionary: Marmot is a pseudonymous crypto market analyst who regularly shares technical analysis and trade ideas on social media platforms. His posts often focus on major turning points and projected trading scenarios for leading cryptocurrencies.

The three-stage upside plan

Following the breakout, Marmot provided a targeted sequence for potential price movements. The analyst projects XRP’s first move from $1.10 to $1.40, then further toward $1.80. The second phase involves a short retracement from $1.80 to $1.60 before aiming for $2.20.

In the final projected phase, XRP advances from $2.20 to $2.80, with a final target at $3.60. Each phase is visually represented by gray candles on Marmot’s published chart. At the time of this analysis, XRP was trading at $1.1498, and the analyst anticipates that the fresh breakout will trigger these moves relatively soon.

The explosive expansion can hit at any moment, according to Marmot, who noted that his target sequence starts right at current price levels, making the timing of this breakout especially significant.

Momentum shifts for XRP

The persistent inability to reclaim the trendline defined much of XRP’s price history over the past year, with each failed attempt reinforcing bearish sentiment. The decisive weekly close above the resistance marks a potential turning point.

Marmot emphasized his track record of identifying significant market pivots, including a successful forecast to short Bitcoin from $111,000 in October. He acknowledged that while the setup currently favors further gains, any change in market conditions would be promptly communicated to his followers.

XRP now faces key targets, with Marmot’s projected path suggesting the possibility of reaching as high as $3.60 if momentum continues. The sequence of gains hinges on the asset’s ability to maintain its breakout above the long-term trendline.