Does covenant rank progression reset on starting a new game cycle?
Solution 1:
Covenant rank progression carries over to new game according to the Dark Souls 3 Wiki
What carries over to New Game Plus:
- Covenant allegiance.
All your consumables, armor, weapons, equipment, stats, INCLUDING coiled sword fragment.
Estus and bonfire updates.
Hollowing.
Friendship with Giant of the Undead Settlement (his arrows won't hurt the player, only enemies, without talking to him) as long as you keep "his" white birch branch
*On other various forum's, users have confirmed that Covenant Progress is caried over in NG+