XRP Price May Rally 5% to $1.46 if It Breaks Out of Descending Triangle Pattern

Crypto analyst Ali Martinez predicts that XRP's price may surge by 5% to $1.46 if it breaks out of a descending triangle pattern on the 1-hour chart and closes above $1.40.

According to Martinez, buyers are defending support near $1.3851 while sellers form resistance, creating this technical setup.

The XRP price has already seen significant growth in recent weeks, with institutional demand pushing total assets to $1.48 billion through U.S. spot XRP ETFs that have seen eight consecutive weeks of inflows totaling $202.28 million.