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$XRP is developing nicely within an ascending triangle, and the pattern’s completion could offer strong long-term price expansion.
This analysis makes the current market price a good opportunity, as projected price expansion could set $XRP up for an impulsive move toward unprecedented levels. Currently, the coin trades at $1.36, increasing 2.9% over the past 24 hours.
Key Points
- $XRP is trending within an ascending triangle on the monthly chart and has remained within this structure since April 2017.
- Its recent major move within this triangle was the rally to the resistance at $3.66 in July 2025 but failed to sustainably break out.
- Unless broader market conditions change, $XRP could revisit the triangle’s dynamic support at $0.90.
- However, if $XRP follows this ascending triangle, its long-term trajectory would be very positive.
- The first $XRP long-term target for this ascending triangle breakout is $27.17, and it could explode to $48.12 in a more bullish scenario.
$XRP Ascending Triangle
Top chartist Ali Martinez identified that $XRP is trending within an ascending triangle on the monthly chart. $XRP has remained within this structure since April 2017, shuffling between the upper resistance and the ascending support trendline.
Notably, its recent major move within this triangle was the rally to the resistance in July 2025. $XRP made a new all-time high of $3.66, briefly breaking out of the triangle. However, it closed the month $3.02 below the $3.32 resistance.
Since then, $XRP has been trending downward and recently broke below the key support level of $1.60. Unless broader market conditions change or $XRP shows strong bullish momentum, it could revisit the triangle’s dynamic support at $0.90. This represents a 33.8% correction from current prices.
Long-Term $XRP Uptrend Potential
However, Martinez noted that if $XRP follows this ascending triangle, its long-term trajectory would be very positive. The sentiment suggests that the current trend is the storm before the calm, and also a short-term buying opportunity for what is to come.
The prominent analyst insisted that the structure could hold strong long-term uptrend potential, particularly if the altcoin breaks upwards. An accompanying chart shows that closing above the $3.32 stronghold on the monthly chart paves the way for a move toward unprecedented prices.
The first long-term target for this breakout is $27.17, representing a 1,897% increase from the current market price. Meanwhile, $XRP could explode to $48.12, culminating in a 3,438% growth.
Nonetheless, breaking below the $0.90 support would signal a breakdown of this triangle and invalidate the structure. Doing this paves the way for a near-92% capitulation to retest the $0.11 support level.
Accumulation Adds Bullish Momentum
Meanwhile, Martinez noted in a separate tweet that whales are accumulating $XRP in no small way, adding to the bullish momentum. In the past week, large holders bought 190 million $XRP, bringing their stash to nearly 11.21 billion tokens.
190 million $XRP have been accumulated by whales over the past week. pic.twitter.com/8B8lffm3qV
— Ali Charts (@alicharts) March 30, 2026
Institutions are also adding to their $XRP bags, contrary to those seen with Bitcoin and Ethereum. Last week, $XRP investment products brought in $15.8 million, as it saw the largest positive net flow for any crypto asset during this period.