Although it was rejected at $1.70 a couple of weeks ago after its major mid-August surge, Ripple\u2019s cross-border token is still up by 40% from its multi-year lows marked less than a month ago.<\/p>\n
This has turned numerous analysts highly bullish. While this sounds quite expected for market observers like EGRAG CRYPTO, Ali Martinez\u2019s recent price target is what got the community going.<\/p>\n
Martinez has recently been quite convinced that Ripple\u2019s native token has already bottomed out during this cycle and is on its path to recovery. In a previous post, he noted<\/a> that XRP\u2019s breakout is confirmed and outlined a more modest target of $1.70. This one came actually after the asset reached that level on August 21-22, following its 70% surge in less than 72 hours.<\/p>\n However, it was violently rejected there and pushed south to under $1.35 last week. Its ability to maintain that level and the subsequent rebound to the current $1.40 gave bulls more hope, and Martinez joined the party.<\/p>\n In a post from earlier today, the analyst told his 166,000 followers that XRP has been \u201cforming a massive ascending triangle on the monthly chart.\u201d If it breaks above and closes north of the key barrier at $3.66, then it would \u201cconfirm the breakout and activate a technical target near $60.\u201d Yes, that\u2019s $60 per XRP.<\/p>\n XRP BULL MARKET TARGET: $60<\/p>\n For nearly a decade, $XRP<\/a> has been forming a massive ascending triangle on the monthly chart.<\/p>\n The $3.66 resistance level is the key barrier. A monthly close above it would confirm the breakout and activate a technical target near $60. pic.twitter.com\/RpAnbER9cv<\/a><\/p>\n \u2014 Ali Charts (@alicharts) September 5, 2026<\/a><\/p>\n\n Now, we are not trying to be the bearer of bad news, but $60!? Even if it takes another 10 years, it would require a near-4,200% surge from current levels. Moreover, its market cap, even if XRP\u2019s supply remains the same, which it won\u2019t, would be at around $4 trillion (yes, with a T). This would make it 2-3 times bigger than BTC\u2019s current market cap, and its valuation would top even giants like Amazon and Microsoft.<\/p>\n Similar highly bullish (and a bit far-fetched) predictions typically come<\/a> from other analysts, such as EGRAG CRYPTO. But even his most recent analysis was more modest than Martinez\u2019s.<\/p>\n Basing his findings on XRP\u2019s previous expansions, in which the asset exploded by up to 2,400%, the analyst outlined<\/a> some major targets in his September 5 analysis. The highest of which is at $25 if XRP is to mimic the most significant rally from its 2017-2018 bull phase.<\/p>\n The other, slightly less bullish, targets are set between $11 and $15.8. Naturally, all of those sound a bit unrealistic at the moment, even though the market structure has shifted significantly over the past several weeks.<\/p>\n The post XRP\u2019s Breakout Rally Has Begun, Analysts Say \u2013 But Their Targets Will Shock You<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Although it was rejected at $1.70 a couple of weeks ago after its major mid-August surge, Ripple\u2019s cross-border token is still up by 40% from its multi-year lows marked less than a month ago. This has turned numerous analysts highly bullish. While this sounds quite expected for market observers like EGRAG CRYPTO, Ali Martinez\u2019s recent […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-223240","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/223240"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=223240"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/223240\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=223240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=223240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=223240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Maybe $25?<\/h2>\n