Crypto analyst Ali Martinez has indicated that Ripple’s XRP price could register a long-term breakout. His analysis is based on a multi-year technical pattern that has developed on the monthly chart. Moreover, he expects a rally of more than 530%.
Top Analyst Stays Bullish On XRP Price
In a post on X, Martinez stated, “The next $XRP bull market will be huge!” He pointed out that the token has been trading in a huge rising triangle formation that has spanned almost nine years. According to his XRP price analysis:
“Since 2017, the script has remained the same: XRP hits the upper resistance, gets rejected, and retraces to find its floor at the rising trendline.”
The chart by Martinez depicts a well-defined upward-sloping support line. It also shows multiple price rebounds occurring along this trendline that have taken place over the years. Horizontal resistance has been indicated around the area of $3.30, where the earlier rallies have halted.
The structure shows that action in the price is tightening with XRP on the verge of the apex breakout in the triangle. It traditionally signals a volatility expansion stage.
The range of $0.75-0.80 that Martinez pointed at is the critical level to be paid attention to after the recent rejection in August 2025. He explained this zone as “the ultimate ‘buy the dip’ opportunity before the triangle finally reaches its apex.” The chart also shows an estimated breakout path for XRP price to $8.50. It hints at a potential 500% increase of current levels.
On-chain Data Shows Growing XRP Accumulation
Individually, on-chain data indicates an increase in buying power in the XRP market. Analyst CryptoOnchain pointed out that the Taker Buy/Sell ratio on Binance has changed drastically. The 100-day moving average has recently hit a record high, and the 30-day indicator hit a high of 0.495.
Meanwhile, Taker Sell ratio decreased to 0.505 which means that there was less selling. This divergence indicates growing accumulation, with more traders filling aggressive buy orders and less of the participants selling holdings.
According to market data by CoinGape, Ripple XRP price is trading around $1.32. It has seen slight gains this week but not much in the one-month timeframe. In the meantime, U.S.-based spot XRP ETFs registered $11.5 million in net inflows in the last week, albeit with the occasional days of no activity.
