XRP Surges Past Resistance as Analyst Sets Sights on $1.70 Target

XRP has broken above key resistance at $1.40, according to analyst Ali Martinez, who believes the cryptocurrency is headed towards $1.70.

Ali Martinez previously identified the area between $1.35 and $1.38 as a main demand zone, where approximately 3.2 billion XRP had traded. Holding this range was crucial in maintaining the bullish breakout.

The next resistance levels for XRP sit at $1.60, $1.68, and $1.86. A move above $1.86 could potentially open a path towards $2.19, where another 3.12 billion XRP had changed hands.