XRP has spent the better part of a month compressing into a narrowing price range. Crypto analyst Ali Martinez (@ali_charts) is watching closely because he believes the next major move is close.
The Pattern on the Chart
Martinez shared a 1-hour chart showing a symmetrical triangle pattern forming since late June. The upper trendline slopes downward from highs near $1.30. The lower trendline slopes upward from lows near $1.04. Both lines converge toward the right side of the chart, where XRP currently trades at $1.1041.
A symmetrical triangle shows a balanced market. Neither buyers nor sellers have taken control, and XRP’s price will tighten until a decisive move breaks the structure.
$1.13 is the level I'm watching on $XRP.
A decisive breakout above it could confirm the bullish breakout and open the door for further upside. https://t.co/2Wfs5vMWVL pic.twitter.com/JlDDzov1EX
— Ali Charts (@alicharts) July 20, 2026
The $1.13 Level
Martinez identified $1.13 as the level that matters most right now. He stated, “A decisive breakout above it could confirm the bullish breakout and open the door for further upside.”
The $1.13 zone sits just above where XRP has repeatedly stalled in recent sessions. The chart shows that XRP is retesting the upper trendline on the symmetrical triangle. A breakout from here would place focus on $1.13. However, the asset has not yet reclaimed its targets with conviction.
What the Chart Projects
The grey lines drawn on the right side of the chart represent Martinez’s projected path if XRP breaks out above $1.13. The projection shows a sharp move upward, with the asset targeting the $1.17 area first. From there, the projection extends toward $1.25 and then $1.30.
The projected path is steep. It assumes momentum accelerates quickly once resistance breaks. The $1.30 level would represent a gain of roughly 18% from the current price.
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Where XRP Stands Now
XRP traded at $1.1041 at the time of his analysis. The price is near the apex of the triangle pattern, and time is running short for the pattern to resolve. As the two trendlines converge, the range available for price movement tightens further.
Support has held consistently, but a failure to maintain upward momentum might send XRP down below $1. However, each test of the lower trendline has produced a recovery. That recurring behavior has kept the bullish case intact.
Martinez did not give a specific timeframe for the breakout. His focus is on price confirmation above $1.13. Without that level breaking, the pattern remains unresolved.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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