Expert sets key XRP price level to watch

What happened

Crypto analyst Ali Martinez predicts XRP could rise 5% to $1.46 if the token consistently closes above $1.40 on the 1-hour chart. This would require breaking out of a descending triangle pattern, which is a technical chart formation indicating a potential upward move.

Confirmed

Global impact / market context

XRP investors watch $1.40 as a key signal. If the price stays above that level, it suggests buyers are strong, possibly pushing profit per sale higher. A break below could mean sellers take control, reducing the chance of immediate gains.

Analyst inference

XRP's price has been forming a descending triangle, meaning it has been making lower highs but holding a flat support level. This pattern often leads to a breakout. The predicted move to $1.46 is modest, reflecting cautious market conditions.

Analyst inference

What to watch

1. Watch whether XRP's 1-hour candle closes consistently above $1.40. This is the trigger level the analyst says is needed before any rally to $1.46 can begin. Confirmed
2. Investors should consider setting price alerts around $1.40 and $1.46. This helps track whether the breakout materializes or fizzles, allowing quick decisions. Proposed
3. Observe trading volume during any push toward $1.40. Rising volume would confirm buyer interest, while weak volume might indicate the rally lacks support and could fail. Analyst inference

Affected assets

• XRP — XRP

Evidence

• finbold.com