# Ascending Triangle Related Articles

Famous Crypto Analyst Makes Incredible $60 XRP Price Prediction!

Crypto analyst Ali Martinez has made a long-term technical forecast for XRP, suggesting its price could potentially reach $60 in a bullish market scenario. Martinez identifies a large ascending triangle pattern on the XRP monthly chart, which has been forming for nearly a decade. He highlights $3.66 as a critical long-term resistance level. According to his analysis, if XRP achieves a monthly close above $3.66, it would technically confirm a breakout from this triangle pattern, potentially activating a technical price target around $60. However, Martinez clarifies that this $60 level is a calculated technical objective and does not guarantee the price will actually reach it. The key immediate hurdle for XRP remains breaking and holding above the $3.66 level.

cryptonews.ru09/05 21:26