cryptopotato.com
TL;DR
- Ripple’s native token appears to be exiting its consolidation phase, having broken out of the $3 and $3.05 key resistance levels following a 10% weekly surge.
- Ali Martinez, a popular crypto analyst with over 150,000 followers on X, believes the asset is heading toward its July 2025 all-time high of $3.60 next.
$XRP breaks $3.05 and now targets $3.6! https://t.co/LA4yGOdTGD pic.twitter.com/uLjlZhlxHX
— Ali (@ali_charts) September 12, 2025
Martinez previously highlighted the significance of the $3.05 resistance, indicating that if the sellers defend that level, the asset could plunge toward $2.80 once again, as it did on several occasions since early August.
However, a break above it could result in a surge to $3.60, which is very close to the $3.65 ATH marked in mid-July.
$XRP has jumped by over 10% in the past week. It soared past the aforementioned resistance and now sits above $3.10. Interestingly, this price growth came despite certain whales offloading over $120 million worth of $XRP in just 24 hours.
According to Martinez, this opens the door for another run toward the record price level. CRYPTOWZRD also weighed in on the matter, noting that $XRP closed “slightly bullish” against the dollar.
However, the analyst was a lot more bullish on $XRP’s movements against $BTC, noting that $XRP/$BTC’s daily symmetrical triangle breakout is “more significant.”
$XRP Daily Technical Outlook:$XRP closed slightly bullish. However, XRPBTC’s Daily symmetrical triangle breakout is more significant. I will be tracking the intraday chart to get the next scalp as our current position is secured pic.twitter.com/1OHxh9LFtG
— CRYPTOWZRD (@cryptoWZRD_) September 13, 2025
Given the current price tag, $XRP has reclaimed the third spot in terms of market cap size from Tether’s USDT, as its own has grown to $185 billion. The daily trading volume sits at $5.5 billion, though, which is substantially lower than ETH’s ($39 billion) and even SOL’s ($12 billion).