XRP Triangular Breakout Could Send Prices Soaring to $12: Here’s Why
- XRP’s multi-year triangle breakout in November 2024 has analysts targeting a price of $12.60.
- With on-chain data and bullish chart patterns supporting the forecast.
- XRP price could reach even higher levels in the coming months up to $50.
Fresh price forecasts for XRP to break into the double-digit range are making strong waves in the crypto community.
Currently, XRP is trading at $3.15, seeing a 4.75% rise in the past seven days and posting a solid 42% increase in the last eight weeks. In this market environment, the buzz around XRP breaking past $10 has intensified. Analyst Ali Martinez recently tweeted another bold new prediction, stating that XRP could be on its way to $12.
A 7-Year Triangle Breakout Could Send XRP to $12
This optimistic outlook follows a notable technical development. Martinez highlighted a large symmetrical triangle pattern that XRP has formed, starting from its peak in 2018, its bottom in subsequent years, and the rebound in 2025.
From this seven-year triangle pattern, where XRP largely traded under $0.50, a historic breakout occurred in November 2024, which saw XRP soar to $3.40 in January 2025. The price then dropped to $1.…
The post XRP Triangular Breakout Could Send Prices Soaring to $12: Here’s Why appeared first on Coin Edition.
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XRP Triangular Breakout Could Send Prices Soaring to $12: Here’s Why
- XRP’s multi-year triangle breakout in November 2024 has analysts targeting a price of $12.60.
- With on-chain data and bullish chart patterns supporting the forecast.
- XRP price could reach even higher levels in the coming months up to $50.
Fresh price forecasts for XRP to break into the double-digit range are making strong waves in the crypto community.
Currently, XRP is trading at $3.15, seeing a 4.75% rise in the past seven days and posting a solid 42% increase in the last eight weeks. In this market environment, the buzz around XRP breaking past $10 has intensified. Analyst Ali Martinez recently tweeted another bold new prediction, stating that XRP could be on its way to $12.
A 7-Year Triangle Breakout Could Send XRP to $12
This optimistic outlook follows a notable technical development. Martinez highlighted a large symmetrical triangle pattern that XRP has formed, starting from its peak in 2018, its bottom in subsequent years, and the rebound in 2025.
From this seven-year triangle pattern, where XRP largely traded under $0.50, a historic breakout occurred in November 2024, which saw XRP soar to $3.40 in January 2025. The price then dropped to $1.…
The post XRP Triangular Breakout Could Send Prices Soaring to $12: Here’s Why appeared first on Coin Edition.
Read More
XRP (XRP) Price Prediction for August 14