XRP Break Above $1.38 Would Confirm Uptrend, Open Path to $1.60: Analysis
Summary
- Ali Martinez said XRP is attempting to break through a technical resistance level.
- He said the key condition for confirming further upside is whether XRP can continue closing above $1.38.
- Martinez said a stable break above $1.38 could open the way for a rally toward $1.60.
Forecast Trend Report by Period
XRP is testing a technical resistance level, and a sustained move above $1.38 could send the token as high as $1.60, according to an analysis.
Crypto analyst Ali Martinez wrote on X on September 14 that XRP is showing breakout momentum.
He said the key condition for confirming further gains is whether XRP can continue to close above $1.38.
A stable close above $1.38 would confirm the breakout, Martinez added. That could open the way for a rally toward $1.60.
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