Cryptocurrency analyst Ash Crypto (@AshCrypto) shared a weekly XRP chart highlighting a distinct multi-monthly resistance barrier situated roughly between $1.50 and $1.60. After months of price compression below this threshold, the analyst indicated that a breakthrough will clear the path to $2 with ease.
The technical chart outlines a clear narrative. Following a sharp pump above $2 during early 2026, XRP experienced a steep sell-off throughout the first quarter. After hitting a floor near $1 in August, the digital asset mounted a robust recovery back toward the resistance area.
That recovery stalled at the exact price ceiling that has repeatedly turned the asset away over the course of the year. In the wake of that rejection, XRP has retreated to approximately $1.32.
$XRP has been stuck below this resistance for months.
Once it breaks, $2 will be easy. pic.twitter.com/4QIH8PSeW1
— Ash Crypto (@AshCrypto) October 23, 2026
What the Chart Shows
Three distinct cup formations emerge across different time intervals on the chart. Each pattern highlights a phase of accumulation followed by upward momentum, with the newest pattern currently taking shape near the $1.32 price range.
The $1.50 to $1.60 resistance zone continues to function as a persistent ceiling. While every test of this barrier has led to a pullback, the recurrent challenges also point to steady underlying buying interest.
Securing a confirmed weekly close above $1.60 would eliminate the primary barrier standing between the current price and the $2 target. Although the September rally managed to push XRP past this threshold temporarily, it failed to maintain that upward drive. Ash Crypto’s evaluation views that movement as a precursor to the next major market phase.
Community Reactions
The analysis sparked mixed responses from the community, with several observers challenging the optimistic outlook. One user disputed the timeline entirely, arguing that XRP has lagged for years rather than months, and noted that some investors are currently liquidating their holdings.
Conversely, another participant offered a technical perspective, concurring that XRP will rapidly advance to $2 once the resistance wall gives way. Meanwhile, a different commenter inquired about what constitutes proper confirmation, asking if a daily close above the level is enough or if stronger validation is necessary.
The Level to Watch
The $1.50 to $1.60 band remains the critical threshold to monitor, with XRP currently changing hands at $1.3212. Chart patterns indicate that accumulation is ongoing, and a decisive weekly close past resistance would dramatically alter the technical outlook and clear the road toward $2.
Frequently Asked Questions
What is the key resistance zone for XRP according to Ash Crypto?
The multi-monthly resistance zone sits between approximately $1.50 and $1.60.
What price target does the analyst expect once resistance breaks?
Once the resistance is broken, Ash Crypto views $2 as an easy target.
Where was XRP trading at the time of the analysis?
XRP was trading at approximately $1.32 (specifically $1.3212).
When did XRP experience a significant peak above $2?
XRP peaked above $2 during a market pump in early 2026.
Explained in this article
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about Cryptocurrency
Written by
Elara Winter
