XRP failed to break above the $3 resistance last week, but there is still room for optimism. On-chain crypto analyst, Ali Martinez predicted in an August 25 post on X that “it won’t take long” before the cryptocurrency is back at $3.70. While he did not elaborate on his prediction, Martinez provided a chart suggesting we might see the target price sometime around mid September. It won't take long before $XRP is back at $3.70! pic.twitter.com/egSX6vcwgC — Ali (@ali_charts) August 25, 2025 Technically , XRP is currently forming a clear descending triangle pattern with Fibonacci retracement and extension levels. If price manages to break above the downtrend resistance, the measured move, aligned with extension levels, points directly toward $3.70. Is an XRP breakout coming? XRP has not approached such heights since July, when it peaked at around $3.66, but as another analyst, AltcoinGordon, notes , a classic cup-and-handle formation appearing on the daily chart implies the asset might be “on the verge of a monumental run.” Namely, the formation indicates a price consolidation within a narrow range following a U-shaped recovery. From a technical standpoint, this consolidation could set the stage for a potential breakout above the pattern’s neckline near $3.80, which agrees with Martinez’s own projections. Steady lads. $XRP is on there verge of a monumental run. Higher. pic.twitter.com/2DRerO7bH3 — Gordon (@AltcoinGordon) August 25, 2025 However, a breakdown below $2.80 could trigger a slide toward $2.70, with a deeper retracement possible. Featured image via Shutterstock The post XRP ‘won’t take long’ to reach $3.70, according to crypto analyst appeared first on Finbold .
