XRP Blasts Through Resistance at $1.38, Eyes $1.60 Rally

XRP has broken through a key resistance level of $1.38 and is now eyeing a potential rally to $1.60, according to analyst Ali Martinez.

This breakout follows XRP holding support between $1.31 and $1.35 after a recent pullback, with reduced trader activity seen as a bullish sign.

The move has sparked optimism that the 2026 cryptocurrency bear market may be ending, although market volatility remains due to geopolitical risks and uncertain regulatory developments like the CLARITY Act.