XRP has been flirting with the $1.40 mark since a modest recovery in early April — but a popular crypto analyst on X says that could be just the calm before a dramatic swing.
On April 25, analyst Ali Martinez suggested XRP could ultimately climb to as high as $13 in the next bull cycle. Crucially, Martinez’s outlook hinges on a technical pattern forming on XRP’s monthly chart: an ascending triangle. That setup has a flat resistance line at the top and a rising support line at the bottom, and it can signal a continuation of an uptrend if price breaks above resistance — or a reversal if price breaks down through the rising support.
Key chart levels Martinez highlighted:
- Upper resistance: roughly $3.32 (the previous cycle high)
- Rising lower trendline / potential bear-market bottom: around $0.90
- If support at ~$0.90 fails, the next sizable support zone could be near $0.11
Under Martinez’s scenario, a dip to about $0.90 would set the stage for a resurgent bull run that could eventually target $13; a more conservative upside target would be reclaiming the $3.32 range. But if XRP breaks the lower trendline instead of holding it, a much deeper sell-off to around $0.11 is a possible downside outcome.
Market snapshot: XRP is trading near $1.43 at the time of writing, down about 0.5% over 24 hours but up more than 6% over the past month, per CoinGecko — a reflection of improving conditions in Q2 2026.
A note for traders: technical patterns like ascending triangles can be useful framing tools, but they’re not guarantees. Watch price action around the $0.90 support and $3.32 resistance, plus volume and macro catalysts, to judge whether a breakout or breakdown is more likely.
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