Popular crypto analyst Ali Martinez has doubled down on his recent prediction that the popular cross-border token could be poised for a deeper breakout.
XRP has remained sluggish over the past few weeks, and even the monthly scale does not show much fluctuation, except for a few rejections at $1.60.
An imminent XRP breakout?
Martinez first made this call on April 27, acknowledging at the time that Ripple’s native asset had been sidelined for too long. He noted that XRP must first break out from the resistance at $1.41 to $1.43 before potentially having a chance to aim for new local highs. On the other hand, a drop below the lower limit could lead to problems in the short term.
In the most recent analysis, Martinez highlighted a broader time frame (the daily), saying that XRP is still “currently consolidating within a well-defined symmetrical triangle.”
“As the price approaches the top, market energy coils, signaling that a significant change in volatility is approaching,” he added.
After measuring the height of this formation, he predicted a decisive breakout resulting in a 26% price action. The question is: in which direction? If XRP were to fall from its current price of around $1.39 (below major support at $1.41), it could then fall to a multi-year low of around $1.00. On the contrary, if the bulls take charge, XRP could target the $1.82 resistance.
“Ideally, you want to wait for a confirmed daily close outside of this range. A close above $1.45 targets the $1.82 level, while a close below $1.35 targets $1,” Martinez explained.
He added that ETF inflows remained stable in April, which was a mostly positive month for the XRP price (the first since September 2025), but that retail continues to be on the sidelines, awaiting a significant trigger.
Undecided closing
Fellow analyst CRYPTOWZRD weighed in on XRP’s short-term price movements focusing on yesterday’s daily close. They added that it was “undecided” as XRP needs to hold above $1.393, which is currently being tested. If the token were to fall decisively below this level, it could continue to carve new lows and perhaps head towards Martinez’s downside target of around $1.00.
XRP Daily Technical Outlook:$XRP closed indecisively. It needs to stay above the $1.3930 resistance for some time to expect a long position. A move below will result in continued weakness and sideways movement depending on Bitcoin price action.
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– CRYPTOWZRD (@cryptoWZRD_) May 2, 2026
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