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This is XRP’s next great objective, since Ripple’s price breaks the key resistance: details

This is XRP’s next great objective, since Ripple’s price breaks the key resistance: details

TL; Dr.

  • Ripple’s native token seems to be leaving its consolidation phase, after leaving the key levels of $ 3 and $ 3.0 after a weekly increase.
  • Ali Martínez, a popular cryptographic analyst with more than 150,000 followers in X, believes that the asset is directed towards its historical maximum of July 2025 of $ 3.60 below.

Martínez previously highlighted the importance of the resistance of $ 3.05, which indicates that if the sellers defend that level, the asset could fall towards $ 2.80 once again, as it did several times since the beginning of August.

However, a break could lead to an increase of $ 3.60, which is very close to the $ 3.65 ATH marked in mid -July.

XRP has increased by more than 10% in last week. He shot beyond the aforementioned resistance and is now above $ 3.10. Interestingly, this price growth occurred even though certain whales download more than $ 120 million in XRP in just 24 hours.

According to Martínez, this opens the door to another race towards the record price level. Cryptowzrd also intervened in the matter, noting that XRP closed “slightly optimistic” against the dollar.

However, the analyst was much more optimistic in XRP movements against BTC, noting that the rupture of the XRP/BTC’s daily symmetrical triangle is “more significant.”

Given the current price, XRP has recovered third place in terms of Tether USDT market capitalization, since yours has increased to $ 185 billion. However, the daily negotiation volume is at $ 5.5 billion, which is substantially lower than that of ETH ($ 39 billion) and even that of Sun ($ 12 billion).

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