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XRP is testing the July uptrend line. What will happen next?

2026-07-26 00:47:47
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XRP returns to key support

XRP has returned to a key support level after falling back from a recent local high of around US$1.16. Analyst BankXRP released a chart showing the token is testing an uptrend line throughout July. The XRP price is currently around $1.107, and the market is watching to see if buyers can hold on to a structure that has formed a series of higher lows in the past few weeks. The chart also includes an eye balance chart, adding a new analytical dimension to the current technical aspect, and XRP is approaching an important decision point.

Focusing on rising support

BankXRP's chart shows that XRP is right on this uptrend line after withdrawing from $1.16. This support line connects multiple band lows in July, allowing the overall uptrend to remain intact despite the recent correction. The latest K-line shows that buyers have stepped in near the trend line. As long as this support level is held, the pattern of higher and lower lows will not change and the current structure will continue to be maintained.

Ichomu balance chart reveals next resistance area

Ichomu balance chart shows that XRP is currently trading below the conversion line and baseline line, and the price is also below the clouds, which means that there is the next resistance area above. At the same time, the clouds ahead are relatively thin. If XRP rebounds from the trend line and gathers momentum, this resistance area may become the next breakthrough attempt target for traders.

Community expectations for prices

BankXRP focused on the current chart structure, while several community members also shared their own price forecasts. One user predicted that XRP would first fall to $0.93, rebound to $1.055, and then fall back to $0.87. Many analysts believe XRP will fall below $1 in the short term, and some view this expected decline as a necessary condition for the next breakthrough. Another commentator made a similar view, setting a target price of $0.947.

Traders focus on next step

July did not experience the same decline as in early June, but XRP also fell short of market expectations. The uptrend line in BankXRP charts remains a key technical level. If we can hold above this trend line, the higher low sequence formed in July will continue. A sustained rebound will redirect attention back to the Ichimochi balance chart, which represents the next important area of resistance after a retreat from a recent high of $1.16. If buyers can maintain control at current levels, XRP may try to hit recent highs again. As prices stay at established support levels, the next reaction near the trend line is likely to determine the short-term direction of XRP.

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