XRP Could Soar to $60 in Long-Term Bull Market, Analyst Predicts

Crypto analyst Ali Martinez has made an intriguing long-term prediction for XRP. According to Martinez, XRP is forming a broad ascending triangle pattern on its monthly chart that has been ongoing for approximately 10 years.

The analyst noted that in this long-term pattern, the $3.66 level stands out as a critical resistance point. If XRP closes above $3.66 on a monthly basis, it would technically confirm an upward breakout from the ascending triangle.

Martinez stated that such a scenario could activate a technical price target of approximately $60 for XRP.