XRP Breakout Confirmed: 3.2 Billion XRP Defend Key Support—Here’s the Next Short-Term Target

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XRP price has regained bullish momentum after holding a key support zone, and analyst Ali Martinez now sees $1.70 as XRP’s next short-term target.

Martinez had earlier warned that XRP was at a critical point after rising 71.8%, from $0.988 to $1.698. The token then dropped about 20%, falling into the $1.35–$1.38 range. Now, Martinez identified this area as a key support zone.

3.2 Billion XRP Traded at Key Support

Martinez based his support assessment on URPD data, which tracks where large amounts of XRP were previously traded. According to his analysis, 3.2 billion XRP changed hands between $1.35 and $1.38.

The concentration of trading activity makes the zone an important demand area. If buyers continue to defend it, XRP price could regain the upward momentum seen during its recent 71.8% rally. 

However, a break below the zone may weaken the recovery and expose XRP to additional selling pressure.

The importance of the support became clearer after XRP’s retreat from its $1.70 peak. The token’s correction had erased roughly one-fifth of its advance, putting the market at a key decision point.

XRP Price Faces Resistance at $1.60 and $1.86

Meanwhile, if XRP maintains its recovery, Martinez identified several resistance levels that bulls must overcome. The first is $1.60, where about 1.99 billion XRP were previously traded. The next is $1.68, with around 1.98 billion XRP traded there.

However, the biggest challenge may be the $1.86 region, where about 3.47 billion XRP were traded. Many holders may sell around this level to exit at the price they originally bought, which may create more selling pressure.

So, if XRP price breaks and stays above $1.86, it will be a strong bullish signal. Martinez believes this could push XRP toward $2.19, where another 3.12 billion XRP were previously traded.

Martinez Confirms XRP Breakout, Sets $1.70 Target

Interestingly, the outlook shifted in Martinez’s follow-up update. After XRP cleared the short-term resistance level, Martinez declared that the “breakout” was confirmed and identified $1.70 as the next target. His latest projection puts XRP back within reach of the level that marked the top of its recent rally.

Ultimately, the $1.35–$1.38 zone remains the key support area, while $1.60 and $1.68 represent the immediate resistance barriers. A stronger move through $1.86 could then shift market attention toward $2.19.

BREAKOUT CONFIRMED!

ripple:native has cleared resistance.

Next target: $1.70. https://t.co/mdanICgtHr pic.twitter.com/Wm5O5STchs

— Ali Charts (@alicharts) August 30, 2026