XRP has spent nearly a decade building one of the most significant technical patterns in the crypto market. Crypto analyst Ali Martinez (@ali_charts) has identified a massive ascending triangle forming on the monthly chart. It shows price action compressing toward a key resistance level that could define the next major move.
The $3.66 Level
Martinez puts $3.66 at the center of his analysis. That level is just above XRP’s all-time high of $3.65, and has acted as the ceiling on the monthly chart for years, rejecting XRP repeatedly while the rising trendline below continues to push higher. The two lines are converging. Martinez states that “a monthly close above it would confirm the breakout.”
The chart shows exactly this setup. The lower boundary rises steadily from the lows at its inception, breaking out in 2017, climbing through 2022, 2024, and into 2026. Meanwhile, the horizontal resistance at $3.66 holds firm.
XRP has oscillated within this structure, making lower highs and higher lows, with the most recent action sitting just below resistance. The analyst expects consolidation within the ascending triangle and repeated retests of $3.66 before the major breakout.
XRP BULL MARKET TARGET: $60
For nearly a decade, $XRP has been forming a massive ascending triangle on the monthly chart.
The $3.66 resistance level is the key barrier. A monthly close above it would confirm the breakout and activate a technical target near $60. pic.twitter.com/RpAnbER9cv
— Ali Charts (@alicharts) September 5, 2026
What the Technical Target Means
Martinez projects a target near $60 following a confirmed breakout. The chart lists several price levels above $3.66, including $9.49, $15.60, $31.87, and $57.40. These serve as incremental resistance zones that the price would need to navigate on its way to the full target.
The $60 projection comes from measuring the height of the triangle pattern and projecting it upward from the breakout point. The wider the base of the pattern and the longer it takes to form, the larger the projected move tends to be. A pattern nearly a decade in development carries considerable technical weight by that measure.
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Current Price Position
XRP has struggled with extended consolidation for years. The chart marks the current price at $1.388. That places XRP well below the $3.66 resistance level. The asset experienced a sharp upward move in August, but the climb stalled just below $1.70.
Martinez received support from community members, with some also highlighting $3.66 as the level to beat. The analyst dismissed market cap concerns, and many in the community support his prediction that XRP can hit $60.
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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