Yes

>>Analyst: Your optimism about XRP is insufficient; the upcoming month appears favorable.

Analyst: Your optimism about XRP is insufficient; the upcoming month appears favorable.

crypthub

about 4 hours ago

Technical Setup and Resistance Level

XRP’s weekly chart shows a descending channel since late 2024, with price pressing against a critical $1.43 resistance level. Analysts suggest the market underestimates the potential for a breakout, which could invalidate the bearish structure. A strong weekly close above the trendline may trigger a sharp upward move, as prolonged compression often precedes expansion.

Improved Fundamentals and Market Conditions

Ripple’s lawsuit resolution and the launch of RLUSD in 2024 have enhanced XRP’s institutional clarity and utility. Broader crypto liquidity has stabilized, attracting renewed attention to large-cap assets. These developments, combined with technical patterns, create a compelling case for increased investor interest if the breakout occurs.

Pivotal Timing and Market Outlook

March 2026 is highlighted as a critical period for XRP, aligning with the maturity of the descending channel and potential breakout. A confirmed move above resistance with strong volume could accelerate upside momentum. However, the analysis emphasizes that no setup guarantees outcomes, and investors should conduct thorough research before making decisions.