XRP Surpasses Expected Level, Sets Sights on $1.70 and $2.19

Crypto analyst Ali Martinez has stated that XRP has surpassed an expected level and is now targeting $1.70 in the short term.

According to Martinez's analysis, XRP experienced a significant rally of approximately 71.8%, rising from $0.988 to $1.698 before undergoing a correction of about 20%.

The analyst pointed out that on-chain cost distribution data shows that around 3.2 billion XRP changed hands in the $1.35-$1.38 range, which is considered one of the most important support levels for XRP.

If this support level holds, Martinez believes a break above the key resistance level at $1.86 could be particularly significant, paving the way for an upward move towards $2.19.