XRP Needs $3.66 Monthly Close for $60 Breakout Scenario

Crypto analyst Ali Martinez has outlined a potential path for XRP to reach $60 in the long term. However, before that larger breakout scenario becomes valid, XRP needs a monthly close above $3.66.

The current price of XRP is around $1.57, which would require a 133% rise to reach Martinez's confirmation level for a larger technical breakout.

Martinez has also published a nearer-term setup targeting roughly $2 if XRP breaks decisively above the $1.57-$1.60 area.