XRP Break Above $1.38 Would Confirm Uptrend, Open Path to $1.60, Analyst Says
Suehyeon Lee
Summary
- Ali Martinez said XRP could rise to $1.60 if it can firmly clear the technical resistance level of $1.38.
- Martinez said the key condition for confirming XRP’s future uptrend is whether it can continue posting closes above $1.38.
- He said that if XRP can maintain stable closes above $1.38, the breakout would be confirmed and a rally toward $1.60 could follow.
Forecast Trend Report by Period
XRP could climb to $1.60 if it decisively clears the technical resistance level at $1.38, according to an analysis released as the token attempts a breakout.
Crypto analyst Ali Martinez wrote on X on September 14 that XRP is showing breakout momentum.
He said the key test for confirming the next leg higher will be whether XRP can continue posting closes above $1.38.
If XRP can maintain stable closes above $1.38, the breakout would be confirmed and a rally toward $1.60 could follow, Martinez said.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.