XRP has traded in a narrowing range for days. One price level now holds the key to its next move. Crypto analyst Ali Martinez (@ali_charts) shared an hourly chart on X that marks that level. He says a single hourly close could confirm a breakout.
Martinez Targets $1.54
Martinez sees a symmetrical triangle developing on the hourly chart. He wrote, “Now, everything comes down to $1.54.” XRP traded near $1.51 on his chart. That price sits roughly 2% below the level he is watching.
Martinez is waiting for an hourly close above $1.54 to confirm the breakout. If that happens, he says the pattern could trigger a roughly 10% move toward $1.70.
XRP: THE LEVEL TO WATCH$XRP appears to be developing a symmetrical triangle on the hourly chart.
Now, everything comes down to $1.54.
I’m waiting for an hourly close above $1.54 to confirm the breakout.
If that happens, the pattern could trigger roughly a 10% rally toward… pic.twitter.com/3RqQoCsYfk
— Ali Charts (@alicharts) September 30, 2026
Reading the Chart
The upper trendline descends from just above $1.60, a level XRP reclaimed during the recent rally. Each rally on the chart has peaked at a lower price. The most recent peaks reached about $1.55 and about $1.535.
The lower trendline rises from near $1.40. Early lows landed near $1.46. Later lows held near $1.47 and $1.48. Buyers have stepped in at higher prices over time.
The two lines converge near $1.50. The price range shrinks as that point approaches. On the chart, the $1.54 level sits close to the upper trendline.
The Path Martinez Sketched
Martinez added a gray line to the chart to show a possible route. It starts with a dip toward the lower trendline, near $1.50. Price then rebounds and crosses the horizontal line at $1.54. The sketch briefly shows XRP retesting that level.
It then climbs steps toward the top of the chart near $1.68. Last time XRP reached this level was in late August. The outlined target of $1.70 sits just above that sketch. It matches the roughly 10% gain Martinez describes from the $1.54 breakout point.
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Levels Traders Can Track
The $1.54 level carries the most weight in this setup. An hourly close above it would match Martinez’s condition. The rising lower trendline, near $1.48 to $1.49, gives traders a second reference point.
The trendlines meet in early October. That leaves a narrow window for the pattern to play out. Traders watching XRP can focus on hourly closes near $1.54 in the coming sessions.
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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