XRP to $3.60: The triangle pattern breakout is key!! The XRP price is reaching a critical technical point, and the chart shows that breaking out of the triangle pattern could push the price up to $3.60. Analyst Ali Martinez emphasized this setup, noting that since August, the descending resistance line compressing XRP is now within reach.

The token is trading at $2.98, up from a low of $2.71 in September. Over the past two months, the price has followed two clear boundaries: an upward trend line and a horizontal support level in the $2.70 to $2.80 range. This has led to the classic conditions for a triangle breakout.

XRP looks set to break out of the triangle, targeting $3.60.

If XRP can break through the resistance level, it is expected to reach around $3.60. This level also coincides with the 0.236 Fibonacci extension area, making it the next important test. If it breaks $3.60, the chart opening price for each XRP will be $3.85 to $4.00, which is the consolidation zone since early summer.

Worst-case scenario

If it fails to break the resistance level, it may lead to a price pullback to the lower limit of $2.70. If this support level is lost, the bullish structure will fail, exposing downward targets of $2.50 and $2.30.

Things are looking up. October is typically a strong month for altcoins. Volatility is compressing, so the direction of the breakout may determine short-term sentiment. If it breaks the resistance level of $3.10 to $3.20, this will be the first sign that the $3.60 target is imminent.

The next phase of price action will depend on whether XRP confirms or stalls the bullish forecast.