Cryptocurrency analyst Ali Martinez noted that Ripple’s XRP price could record a long-term breakout. Its analysis is based on a multi-year technical pattern developed on the monthly chart. Moreover, he expects an increase of more than 530%.
Senior analyst remains bullish on XRP price
In a post on X, Martinez said: “The next XRP/USD bull market is going to be huge!” He noted that the token traded in a massive ascending triangle formation that spanned nearly nine years. According to him XRP price analysis:
“Since 2017, the scenario has remained the same: XRP reaches upper resistance, gets rejected, then pulls back to find its bottom at the uptrend line.”
The chart drawn by Martinez shows a well-defined rising support line. It also shows multiple price bounces occurring along this trend line that have occurred over the years. Horizontal resistance is noted around the $3.30 area, where previous rallies have stalled.
The structure shows that the action in price is tightening with XRP on the verge of breaking the top in the triangle. It traditionally indicates the phase of volatility expansion.
The $0.75 to $0.80 range referred to by Martinez is the critical level to pay attention to after the last rejection in August 2025. He explained This area is considered “the final opportunity to buy the dip before the triangle finally reaches its top.” The chart also shows the estimated breakout path for XRP price to $8.50. It indicates a potential increase of 500% at current levels.
On-chain data shows the accumulation of XRP increasing
Individually, on-chain data indicates an increase in purchasing power in the XRP market. CryptoOnchain analyst noted that the buy/sell ratio on Binance has changed significantly. The 100-day moving average recently reached a record high, and the 30-day moving average reached 0.495.
At the same time, the put ratio decreased to 0.505 which means that there were fewer sell-offs. This divergence indicates a growing accumulation, with more traders filling aggressive buy orders and fewer participants selling their holdings.
According to market data released by CoinGape, Ripple XRP price It is trading at around $1.32. It has seen slight gains this week but not much in the one month time frame. Meanwhile, US XRP ETFs recorded $11.5 million in net inflows last week, although there were occasional days of inactivity.
