XRP's Decade-Long Chart Pattern Points to $60 Target

Crypto analyst Ali Martinez has identified an ascending triangle pattern on XRP's monthly chart that dates back to around 2017. The pattern is defined by horizontal resistance at $3.66 and a steadily rising trendline connecting higher lows across multiple market cycles.

A decisive monthly close above the $3.66 ceiling would confirm the breakout and activate a measured-move target near $60, according to Martinez's analysis. XRP currently trades near $1.42, meaning it would need to rally roughly 158% just to reach the breakout threshold.

The scale of the projection is significant, with a market capitalization of approximately $3.76 trillion implied if XRP reaches the target price. The analyst has outlined several intermediate price levels that would act as waypoints if the breakout materializes, including staged resistance at $9.49, $15.60, and $57.40.