Experienced Analyst: "XRP Exceeded Expected Level, This Is the Next Target!"

cryptonews.ruPublished on 2026-08-30Last updated on 2026-08-30

Abstract

Crypto analyst Ali Martinez states that after testing a critical support zone, the price of $XRP has broken through a resistance level, setting $1.70 as the short-term target. According to his analysis, $XRP saw a strong rally of approximately 71.8%, rising from $0.988 to $1.698 before undergoing a roughly 20% correction. It then retreated into a key demand zone around $1.35-$1.38, where significant trading activity occurred. Martinez highlighted this as a major support level, noting that around 3.2 billion $XRP changed hands in that range. If support holds, the key resistance levels ahead are $1.60, $1.68, and $1.86, with the latter being particularly significant. A decisive breakout above $1.86 could pave the way for a further rally towards $2.19. In a subsequent update, Martinez confirmed the breakout of short-term resistance, reinforcing $1.70 as the next target. At the time of writing, $XRP is trading around $1.41, up approximately 1.37% in the last 24 hours.

Crypto analyst Ali Martinez stated that after testing a critical support zone, the price of $XRP managed to break through a resistance level, and in the short term, the $1.70 level has come into play.

According to Martinez's analysis, $XRP demonstrated a strong rise of approximately 71.8%, climbing from $0.988 to $1.698. After that, $XRP experienced a correction of about 20%, retreating to a key demand zone where investors actively traded.

The analyst pointed to blockchain cost distribution data, similar to URPD (UTXO Realized Price Distribution), noting that approximately 3.2 billion $XRP changed hands in the $1.35-$1.38 range. According to Martinez, this range is one of the most important support levels for $XRP.

If this support level holds, the key resistance levels during an upward move would be the following:

  • $1.60: Approximately 1.99 billion $XRP were sold.
  • $1.68: Approximately 1.98 billion $XRP were sold.
  • $1.86: Approximately 3.47 billion $XRP were sold.

Martinez believes that a breakout above the $1.86 level could be particularly significant for the price. In the analyst's opinion, a confident breakthrough above this level could open the way for a new upward movement of $XRP towards the $2.19 mark. It is noted that previously about 3.12 billion $XRP were sold around the $2.19 level.

In a subsequent message, the analyst stated that $XRP broke through the short-term resistance, indicating that "the breakout is confirmed." Martinez pointed to the $1.70 mark as the next target in the current technical forecast.

At the time of writing, $XRP is trading at approximately $1.41 and has risen in price by about 1.37% in the last 24 hours.

*This is not investment advice.

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Related Questions

QWhat are the key resistance levels for $XRP according to analyst Ali Martinez's short-term analysis?

AAccording to the analysis, if the support level holds, the key resistance levels for $XRP on an upward move are $1.60 (approx. 1.99B XRP sold), $1.68 (approx. 1.98B XRP sold), and $1.86 (approx. 3.47B XRP sold). A confident break above $1.86 could open a path towards $2.19.

QWhich specific price range does Ali Martinez identify as the most crucial support level for $XRP?

AMartinez identifies the $1.35-$1.38 range as one of the most important support levels for $XRP, noting that approximately 3.2 billion XRP changed hands in this zone.

QWhat was the price action of $XRP prior to its 20% correction, as mentioned in the article?

ABefore the ~20% correction, $XRP demonstrated a strong rally of about 71.8%, rising from $0.988 to $1.698.

QWhat is the next price target mentioned for $XRP after the analyst confirmed a breakout of short-term resistance?

AAfter confirming the breakout of short-term resistance, the analyst pointed to the $1.70 mark as the next target in the current technical forecast.

QWhat is the primary condition for $XRP to potentially make a new upward move towards $2.19, based on the article?

AThe primary condition is a confident breakout and close above the $1.86 resistance level. This is seen as potentially opening the way for a new upward move towards the $2.19 mark.

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