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XRP Taps Potential for $60 Breakout as Analyst Sees Ascending Triangle

Guavy AI Editorial Team
Instruments
XRP
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A leading analyst has shared his view on XRP's potential price target. According to Ali Martinez, XRP could potentially reach $60 if it closes above $3.66 in a monthly timeframe.

Martinez based his prediction on an ascending triangle structure formed over nearly a decade on the token's chart.

The analyst emphasized that a technical target is not a guaranteed price outcome and that XRP remains far below the resistance level of $3.66, which currently stands at about 62% above its current price of around $1.40.

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