XRP Analyst Predicts $60 Price Target as Breakout from Key Resistance Level Looms

Cryptocurrency analyst Ali Martinez predicts that XRP could break out of its long-standing resistance level at $3.66, potentially triggering a massive rally to $60.

The analyst points out that XRP has been forming an ascending triangle pattern on the monthly chart since 2017, with the critical breakout level sitting at $3.66.

A monthly close above this level would confirm the breakout and activate a long-term price target of $60, according to Martinez's analysis.

This move could rank among the largest rallies in XRP's history and significantly reshape its market position.