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A new technical outlook suggests XRP may be positioning for a significant breakout in the next major market cycle, with a projected upside toward $13. The forecast was shared by cryptocurrency analyst Ali Martinez in an X post on April 26, citing a long-term chart pattern that has been developing over several years.
Martinez’s analysis describes XRP as trading within a broad multi-year triangle, a structure often associated with accumulation before a larger price expansion. The outlook also points to a steady sequence of higher lows, supported by a rising trendline in place since around 2021. This support has been tested multiple times, reinforcing the broader uptrend.
A key area highlighted in the analysis is the $0.90 zone near the triangle’s lower boundary. It is framed as a potential bear-market floor where buying interest has repeatedly appeared. Recent price action is described as respecting this support, bouncing and beginning to trend upward.
On the upside, $3.32 is identified as a major resistance level and a prior rejection point. The analysis suggests that a breakout above $3.32 could confirm bullish momentum and open the door to further gains.
Based on the triangle structure, the long-term projection targets $13 by 2028. If XRP were to rise from its current level to $13, the analysis estimates its market capitalization would increase proportionally from $87.8 billion to approximately $800 billion, assuming the circulating supply remains unchanged.
The outlook further suggests that such growth could place XRP in the second spot by market capitalization, contingent on Ethereum recording minimal growth over the same period.
The technical view characterizes the path ahead as a gradual climb in the near term, followed by stronger acceleration as momentum builds—an outcome often associated with large consolidation breakouts.
The analysis also notes that XRP has continued to consolidate after earlier 2026 volatility and a pullback from peaks near $3.65 in late 2025. It remains roughly 60–70% below its all-time high, and recent price movement is described as reflecting broader cryptocurrency market flows rather than strong independent catalysts.
By press time, XRP was trading at $1.43, down about 0.5% over the past 24 hours and 0.4% on the week.
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