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XRP targets $1.90 resistance as analyst signals possible 2028 all time high

XRP targets $1.90 resistance as analyst signals possible 2028 all time high

CointurkCointurk2026/08/20 17:27
By:Cointurk

XRP is nearing a critical technical decision point, according to a recent analysis by crypto analyst JD (jaydee_757). His weekly chart places XRP trading just above $1.06, following a prolonged decline from its peak of $3.65 reached in 2025. JD’s chart marks out a falling wedge pattern that has defined XRP’s price movement over the last several years.

The falling wedge holds the key

JD identifies XRP’s structure as a bullish falling wedge, where two descending trendlines converge. The upper line has produced multiple rejections, including the notable rejections at $3.65 in 2025 and around $3, both of which led to subsequent declines. In 2026, this prolonged descent brought XRP close to the lower boundary of the pattern, giving the current area critical technical importance within JD’s setup.

According to JD, $1.01 has emerged as a major support level. He notes that he made additional XRP purchases at this price after realizing profits below $3.37. He also highlights $1.0133 as corresponding to the 0.786 Fibonacci retracement level.

JD maps out the significance of the falling wedge and emphasizes: a confirmed breakout above key resistance levels would represent a substantial technical shift for $XRP; this could mark the beginning of another all time high cycle in 2028 if the historical pattern repeats.

Technically, the next significant resistance area lies between $1.85 and $1.95. JD highlights this range as a green resistance zone on his chart, emphasizing its role as the critical barrier for any potential sustained move upward. Breaching this zone would, in his view, fundamentally change XRP’s chart structure.

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Breakout and retest on the horizon

JD projects a possible breakout above the wedge, followed by a pullback for retest. In his scenario, XRP could reach $1.30 before briefly retracing toward $0.70. From there, he anticipates a recovery back to the $1.90 region, aligning with the major resistance level that has capped previous rallies.

A decisive move above the descending resistance line would lend greater significance to the falling wedge setup and pave the way for future gains. Subsequently, conquering the $1.85 to $1.95 resistance area would offer further confirmation of a longer-term bullish reversal.

Potential for new highs by 2028

Looking further ahead, JD adapts his strategy based on prior success. He mentions still holding a sizeable long-term position targeting a potential top in 2028, echoing his earlier approach that identified the $3.37 peak for XRP and reportedly earned a 12x return.

JD’s analysis suggests that breaking out of the falling wedge and holding above the $1.01 area, followed by conquering resistance near $1.90, would validate this bullish thesis. He indicates that, if this scenario unfolds, XRP could reach a new all time high in 2028.

The immediate focus for XRP is testing the falling wedge resistance, the $1.01 support, and the critical $1.90 resistance; successful breakouts at these levels would significantly strengthen the technical outlook for the next cycle.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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