Crypto analyst Ali Martinez shared a noteworthy assessment regarding the long-term technical outlook for XRP. According to the analyst, the next bull market for XRP could be quite strong.
Martinez noted that XRP has been trading within a large ascending triangle formation on the monthly chart for approximately nine years. He stated that the price movement has followed a similar cycle since 2017, arguing that XRP reaches strong resistance levels with each rise, then is rejected and pulls back towards the ascending trend line.
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According to the analyst, the market may enter a new testing phase following the last rejection in August 2025. In this context, Martinez specifically points to the $0.75-$0.80 range as a critical macroeconomic support zone. He argues that this level could offer investors a “buy the dip” opportunity.
Martinez noted that long-term consolidation periods often result in large price movements, and stated that a breakout from this 9-year pattern could lead to a “historic” rise in XRP.
*This is not investment advice.
Continue Reading: Analyst Provides In-Depth Insights on XRP: “9-Year Pattern Could Break”
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Author: NixCoin
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