XRP Poised to Surge Another 24% According to Analyst Martinez

XRP has seen significant gains in recent days, adding more than $19 billion to its market capitalization over the past 30 days.

Cryptocurrency analyst Ali Martinez believes the token is preparing for another major price surge, predicting a potential 24.09% upside from its current price of $1.37.

This comes after XRP's price broke out of a symmetrical descending triangular pattern and entered a correction phase following a 71.8% rise in mid-August.

Martinez identified key targets for XRP based on its UTXO Realized Price Distribution (URPD), an on-chain metric that shows the amount of a crypto that last moved within specific price ranges.