XRP could be poised for a decisive move to new highs in the next bullish market phase, according to a prominent market analyst.
This analysis comes from Ali Martinez, who, in a Sunday tweet, predicted a huge price move for XRP, the fourth-largest cryptocurrency by market cap. His projection hinges on a decisive breakout from a long-standing triangle pattern on higher timeframes.
Key Points
- XRP is trending within a giant 9-year ascending triangle on the 1-month chart which formed in 2017.
- Its recent notable price action was a rejection near the upper resistance in August 2025.
- Now, following the resistance rejection, XRP could follow the same script it has followed since 2017 and retreat to the triangle’s floor.
- The area of interest here is the $0.75-$0.80 macro support level, which could present a “buy the dip” opportunity.
- If XRP breaks out on the next retest of resistance, we could be gearing up for a “huge” bull market for XRP.
XRP Within an Ascending Triangle
Martinez noted that XRP is trending within a giant 9-year ascending triangle on the 1-month chart. Price has been consolidating within this pattern since 2017, forming higher low supports but stuck beneath the triangle’s upper resistance neckline.
Its recent notable price action was a rejection near the upper resistance in August 2025. At a peak of $3.66 in July 2025, its price briefly broke above the triangle but could not sustain the move, dropping to $3.02. In August 2025, it retested the supply zone again but peaked at $3.38 before a clear rejection lower.
XRP has spent the last eight months in a downtrend, a clear sign of price weakness. Notably, this trend is not in isolation, as it has mirrored a broader market price decline, with Bitcoin (BTC) dropping over 43% from its peak.
XRP Targets Macro Support Area
Now, following the resistance rejection, Martinez expects XRP to follow the same script it has followed since 2017: retreat to the triangle’s floor after a rejection from neckline resistance.
The area of interest here is the $0.75-$0.80 macro support, which closely aligns with an earlier analysis from CasiTrades. From the current market price of $1.33, this would represent a 43.6% and 39.8% retracement, respectively.
Meanwhile, the analyst sees this move as a low-entry opportunity. He termed the potential pullback to the support a “buy the dip” opening before the next bullish phase sets in for the prominent altcoin.
A Massive Bull Run Next
After the lower ascending trendline retest near $0.75, Martinez projected a recovery higher, targeting the triangle’s apex near $3.30. This move culminates in a 150% rise from the current market price and 344% from the macro support’s lower band.
Interestingly, the 9-year triangle is now tightening, signaling that a breakout could be on the horizon. If it breaks out on the next retest of resistance, the analyst believes we could be gearing up for a “huge” bull market for XRP.
History suggests that breaking out after such a prolonged period of consolidation sets the stage for a significant price rally. An accompanying chart suggests that XRP could potentially reach a new all-time high of $8.50, representing a 539% rise from the current market price and a staggering 1,033% uptick from the macro support level.
The price target aligns with the parallel price prediction from analyst Dark Defender, who cited an Elliott Wave formation as the catalyst for his outlook.