XRP Price Prediction: Analyst Points to $60 Target If Key Resistance Breaks

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XRP price is trading within a range that has frustrated bulls for weeks, despite the broader market maintaining a bullish outlook. While a $60 target may seem unrealistic at current levels, the technical chart supports this long-term projection. A specific resistance level stands between the current price and that target, differing from the levels most traders are monitoring.

Analyst Ali Martinez outlined this case on a monthly chart, identifying a decade-old ascending triangle with its upper boundary at $3.66.

“For nearly a decade, XRP has been forming a massive ascending triangle on the monthly chart,” Martinez wrote. He noted that a monthly close above the $3.66 level—not merely a wick piercing it—would confirm the breakout and activate a technical target near $60. At current supply levels, this price implies a of approximately $3.76 trillion.

XRP TARGET: $60
For nearly a decade, $XRP has been forming a massive ascending triangle on the monthly chart.
The $3.66 resistance level is the key barrier. A monthly close above it would confirm the breakout and activate a technical target near $60. pic.twitter.com/RpAnbER9cv

— Ali Charts (@alicharts) September 5, 2026

Context is crucial here. XRP recently absorbed a 1 billion token escrow unlock worth approximately $1.38 billion. Over the past 48 hours, the token has oscillated between $1.39 and $1.43 rather than establishing a clear trend. This volatility forms the backdrop against which the $60 price target must be evaluated.

XRP Price Prediction: Can It Hit $3.66 Resistance This Week?

The short answer is no; a move within days is unlikely, but the setup warrants attention. XRP is consolidating just above its 24-hour support floor near $1.39–$1.40. Immediate resistance sits at $1.43, with a secondary ceiling at $1.48 based on the 7-day range.

Volume and momentum data suggest the token is coiling rather than breaking out, with 7-day performance ranging from +1.9% to +4.5% depending on the data feed.

XRP Price Prediction: Analyst Calls $60 Ripple If it Breaks The Heavy Resistance

  • The bull case: XRP reclaims $1.48, establishes a base, and begins a long-term grind toward $3.66 over multiple quarters, achieving the monthly close required by Martinez to confirm the triangle breakout.
  • The base case: Continued range-bound trading between $1.35 and $1.48 while the market digests unlocked supply and awaits a catalyst, potentially linked to progress in regulatory clarity.
  • The bear case: A break below the $1.35 demand zone identified by analyst Ali Charts, which would invalidate the near-term bullish structure.

None of these scenarios move the needle toward $60 without patience measured in years, not weeks.

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