$XRP Eyes $2.70 as Bullish Patterns Fuel Market Optimism
XRP may be on the verge of a major breakout, according to analyst Ali Martinez. In a recent post on X, Martinez pointed out an emerging inverse head and shoulders pattern—often a strong indicator of a shift from a downtrend to an uptrend.
📈 Price Target: If the pattern holds, XRP could rally toward $2.70.
📉 Current Action: The token recently dipped just over 1%, closing at $2.08—prompting mixed reactions from traders.
Despite short-term volatility, bullish sentiment remains strong. CoinGape previously reported another forecast projecting XRP to hit $3.75, backed by technical indicators. Analyst Dark Defender highlighted a key resistance breakout and a bullish RSI, further fueling long-term optimism for Ripple’s native token.