Popular market analyst Ali Martinez recently predicted that Ripple-backed XRP could soon hit the $6 milestone. This forecast comes amid an ongoing rally inXRP, which has led to the coin climbing over $3.60.
Bullish case for XRP price breakout
In an X post, Martineznoted that XRP’s move toward $6 is dependent on its ability to break out of a triangle. The analyst posted a chart that showed XRP had formed a descending triangle on the price chart.
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Notably, a descending triangle pattern is formed by two converging trend lines. The upper trend line connects the lower highs, while the lower trend line connects the higher lows. The triangle is a bearish technical chart pattern that indicates a continuation of a downtrend in price action.
$XRP targets $6 after breaking out of a triangle! pic.twitter.com/8VJ5DD2eOE
— Ali (@ali_charts) July 21, 2025
Hence, the ability of XRP to break out of this pattern would signal a potential breakout. According to the chart highlighted by Martinez, the Ripple-linked coin faces critical resistance at $4.17, $4.60 and $5.40.
If XRP successfully crosses these levels, combined with sustained volumes, the coin could easily reach the $6 mark. On the downside, the price of XRP may experience volatility if it fails to surpass the key resistance level.
XRP rally above $3.60
Currently, momentum for the Ripple-linked coin is building. According to CoinMarketCapdata, the XRP price has surged 2.3% over the past 24 hours to $3.61. Asreported earlier by U.Today, this $3.6 price is close to $3.85 high achieved in January 2018.
Over the past week and month, XRP has rallied 21.2% and more than 70%, respectively. Additionally, the daily trading volume increased by 28.2% to $9.36 billion. This surge indicated that market activity for the coin is high, as investors await higher prices.
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Meanwhile, Martinez is just one among several analysts who have predicted significant price outcomes for the Ripple-linked coin. In a previous report, CryptoDonAlt on Xforecasted XRP reaching $10.36.
The analyst highlighted that the XRP/BTC has broken above 0.000025 on the monthly chart. This level has acted as a resistance since early 2022.
