XRP Soars to $60 Target with Breakthrough at $3.66

Crypto analyst Ali Martinez has set an ambitious target for XRP (CRYPTO:XRP) - $60. According to Martinez, this price is achievable once XRP breaks through a key barrier at $3.66.

Martinez identified an ascending triangle pattern on XRP's monthly chart, which is generally considered a bullish indicator. An ascending triangle can precede an upside breakout when the price breaks above the horizontal resistance line.

XRP has never reached $60 before, with its all-time high at $3.84. A 4,185.71% surge from current levels would be necessary for XRP to reach this target.