According to prominent market commentator Ali Martinez, XRP has breached a 7-year symmetrical triangle on the weekly chart, indicating a bullish position. Martinez suggests that XRP could potentially reach $15 in the near future. Despite a significant pullback and consolidation phase, XRP has held above $2, still up 440% from November 2024. The symmetrical triangle formed when XRP collapsed from its all-time high in January 2018, and previous attempts to break out were met with resistance. However, the latest breakout appears to be successful, and Martinez believes XRP can build momentum to reach the $15 price mark. Other analysts have also projected a surge to $15 for XRP.
Content Editor ( thecryptobasic.com )
- 2025-02-18
Here’s the Double-Digit XRP Target After Breaching a 7-Year Symmetrical Triangle
