XRP Price Prediction: Top Analyst Confirms Breakout

XRP is trading near $1.42 after pulling back from its recent $1.69 high, but its short-term chart is starting to improve. Despite the drop, the chart structure has improved, and top crypto analyst Ali Martinez says the XRP breakout is confirmed.

 At the same time, spot XRP ETFs recorded a record $110.49 million in weekly inflows, helping support the XRP price.

Ali Martinez Confirms XRP Breakout

The latest signal comes from crypto chart analyst Ali Martinez, who shared a 1-hour XRP chart showing the token breaking above a falling trendline.

Martinez said that,

“Breakout Confirmed! XRP has cleared resistance. Next target: $1.70.”

The chart shows XRP moving out of a descending trendline that had capped its price through the week. XRP is now around $1.40, with the breakout area becoming an important level to hold.

The first hurdle is around $1.50. A move through this range would strengthen the breakout and bring Martinez’s $1.70 target into focus.

If XRP reaches $1.70 and breaks that level with strong buying, the next upside areas on the chart are around $2.09 and $2.35.

The setup would weaken if XRP loses $1.37. A decisive break below that level could send the token toward $1.20, putting the recent breakout under pressure.