XRP is currently trading at $3.61, following a powerful breakout that has captivated analysts and investors alike. According to leading chartist Ali Martinez, the cryptocurrency has broken out of a massive six-year symmetrical triangle, unlocking the potential for an explosive rally toward $6 in the short term. A Breakout Six Years in the Making Since 2018, XRP has been consolidating within a symmetrical triangle pattern, characterized by narrowing highs and lows. This pattern, often viewed as a precursor to a significant move, has now resolved to the upside. The breakout, confirmed by a strong weekly close above $3, signals the end of a prolonged accumulation phase and the possible beginning of a sustained bullish cycle. Ali Martinez, a respected on-chain and technical analyst, shared on X that this breakout is a pivotal moment for XRP. He noted that closing above $3 confirms the technical breakout and opens the door to a measured move toward $6, aligning with key Fibonacci extension levels. $XRP targets $6 after breaking out of a triangle! pic.twitter.com/8VJ5DD2eOE — Ali (@ali_charts) July 21, 2025 Why $6 Is the Next Target The $6 target is rooted in both classical charting techniques and Fibonacci analysis. Martinez emphasizes that the 1.272 Fibonacci extension level from the triangle’s formation projects to around $6. If momentum continues, higher extensions suggest even loftier targets around $7.94 and $26. However, analysts agree that $4 to $6 is the immediate and realistic price range for XRP in the coming weeks. Other analysts, including CasiTrades, have also highlighted the importance of maintaining support above $3. As long as XRP holds this level, the path to $6 remains open. A drop below it could result in a pullback toward $2.85, potentially invalidating the breakout. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Whale Activity and On-Chain Strength XRP’s technical strength is matched by encouraging on-chain fundamentals. Recent report reveal a growing number of large holders, over 2,700 wallets, now hold at least 1 million XRP each. These whales collectively control nearly half of the circulating supply, showing strong long-term conviction. Meanwhile, XRP has also formed a golden cross on its Market Value to Realized Value (MVRV) ratio, a bullish indicator suggesting investor sentiment is shifting from neutral to optimistic. This comes amid broader market excitement, including the launch of the ProShares XRP futures ETF and speculation around a potential spot ETF. Looking Ahead Ali Martinez remains confident in his projection. “When you zoom out on $XRP, it’s hard not to go all in,” he remarked, adding that the breakout above $3 marks a technical and psychological turning point. With XRP holding firm at $3.61, analysts widely agree that a sustained rally toward $6 is well within reach. However, maintaining momentum above $3 is critical. Should the rally falter, XRP could revisit key support zones before resuming its uptrend. For now, the breakout is intact, and the next stop appears to be $6. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Chartist Sets XRP Price Next Stop After Breaking Out of This Triangle appeared first on Times Tabloid .
