•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Well-known analyst Ali Martinez updated his long-term forecast for XRP, citing a massive ascending triangle pattern on the monthly chart that has been forming since 2017. In his view, the coin is trading within a 9-year triangle, and a breakout from the structure could be significant.
Martinez said the $0.90 level functions as an “ultimate floor,” remaining a key defense of the bullish trend even if local corrections occur. He also highlighted the upper boundary of the pattern as the most notable element of the forecast, pointing to a potential move toward $13.57 per XRP. He described this target as being supported by both the height of the formation and Fibonacci levels.
Alongside the chart-based outlook, on-chain data indicated increased activity. According to Santiment data reported on Friday, around 35 million XRP were withdrawn from exchanges within 24 hours. The outflow was described as the sixth largest daily outflow in 2024.
The article noted that similar spikes in February and March were followed by price increases of 20% to 50%.
The piece also pointed to continued growth in U.S. spot XRP ETFs. It said the ETFs have been rising for three consecutive weeks, adding $82.88 million and bringing total assets under management to $1.1 billion.
Overall, the article framed the situation as a potential “spring effect,” with exchange supply decreasing while institutional demand via ETFs rises. It also said XRP is consolidating above key support levels, aligning with the bullish technical thesis tied to the long-running triangle pattern.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
