Crypto analyst Ali Martinez (@ali_charts) has identified a technical setup on XRP’s 1-hour chart that suggests a short-term decline may precede a strong recovery.
The analyst shared his analysis with a chart showing XRP trading inside a parallel channel, with price action compressing near the lower end of that structure. According to the chart, the current price sits around $1.3225. Martinez believes XRP could dip further before buyers step in.
The $1.25 Level
Martinez identified $1.25 as the critical zone to watch. He stated that XRP “could still drop toward the lower boundary around $1.25 before seeing a meaningful rebound.” That level aligns with a visible horizontal support zone on the hourly chart, where price has historically attracted buying pressure.
Rather than viewing the potential dip negatively, Martinez sees it as a setup. He described $1.25 as “the level I’m watching for a potential buying opportunity.” The channel’s lower boundary at that price gives the setup a clear technical basis.
XRP REBOUND INCOMING!?$XRP appears to be trading inside a parallel channel on the hourly chart.
This structure suggests XRP could still drop toward the lower boundary around $1.25 before seeing a meaningful rebound.
That’s the level I’m watching for a potential buying… pic.twitter.com/Et9Q11p08w
— Ali Charts (@alicharts) October 15, 2026
Where a Bounce Could Take XRP
A confirmed bounce from $1.25 opens two upside targets according to Martinez. The first is the channel’s mid-range at $1.42. That level has acted as both support and resistance across the chart’s recent price history, making it a natural checkpoint for any recovery move.
The second target is more aggressive. Martinez noted that a strong enough bounce could push XRP toward the top of the channel at $1.60. The chart shows a clear ceiling near that level, with price having tested it multiple times over the prior weeks before pulling back.
The distance from the $1.25 entry level to the $1.60 target represents a potential move of approximately 28%. From $1.25 to the mid-range at $1.42, the move would be roughly 14%.
What the Chart Shows
The 1-hour chart Martinez shared shows XRP moving inside a well-defined parallel channel. The asset peaked near $1.65 during the surge in late September before trending lower. The recent drop brought XRP down to the $1.29 area, with the chart showing a projected bounce illustrated by a gray arrow pointing upward from near the lower boundary.
Horizontal support levels are visible at $1.42 and $1.60, both of which align with Martinez’s stated targets. The chart’s structure gives the analysis a measurable risk-reward setup, with the $1.25 zone serving as the foundation.
Martinez has not provided a specific timeframe for the move, but the 1-hour chart suggests the setup is short- to medium-term in nature.
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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