XRP Price Nears Breakout from Decade-Long Triangle

XRP's price has been moving within a nearly decade-long ascending triangle on its monthly chart, with $3.66 serving as the key resistance level.

Crypto analyst Ali Martinez highlighted this pattern, noting that a close above the barrier would confirm the triangle and activate a technical target near $60.

However, the token's current price is around $1.40, which is well below the resistance level and more than twice its current price.

To reach $2.30, XRP would first need to reclaim the $1.47-$1.53 resistance cluster on its shorter-term chart. A sustained move above this region could bring the $1.80-$2.30 area into focus.