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$XRP price has regained bullish momentum after holding a key support zone, and analyst Ali Martinez now sees $1.70 as $XRP’s next short-term target.
Martinez had earlier warned that $XRP was at a critical point after rising 71.8%, from $0.988 to $1.698. The token then dropped about 20%, falling into the $1.35–$1.38 range. Now, Martinez identified this area as a key support zone.
3.2 Billion $XRP Traded at Key Support
Martinez based his support assessment on URPD data, which tracks where large amounts of $XRP were previously traded. According to his analysis, 3.2 billion $XRP changed hands between $1.35 and $1.38.
The concentration of trading activity makes the zone an important demand area. If buyers continue to defend it, $XRP price could regain the upward momentum seen during its recent 71.8% rally.
However, a break below the zone may weaken the recovery and expose $XRP to additional selling pressure.
The importance of the support became clearer after $XRP’s retreat from its $1.70 peak. The token’s correction had erased roughly one-fifth of its advance, putting the market at a key decision point.
$XRP Price Faces Resistance at $1.60 and $1.86
Meanwhile, if $XRP maintains its recovery, Martinez identified several resistance levels that bulls must overcome. The first is $1.60, where about 1.99 billion $XRP were previously traded. The next is $1.68, with around 1.98 billion $XRP traded there.
However, the biggest challenge may be the $1.86 region, where about 3.47 billion $XRP were traded. Many holders may sell around this level to exit at the price they originally bought, which may create more selling pressure.
So, if $XRP price breaks and stays above $1.86, it will be a strong bullish signal. Martinez believes this could push $XRP toward $2.19, where another 3.12 billion $XRP were previously traded.
Martinez Confirms $XRP Breakout, Sets $1.70 Target
Interestingly, the outlook shifted in Martinez’s follow-up update. After $XRP cleared the short-term resistance level, Martinez declared that the “breakout” was confirmed and identified $1.70 as the next target. His latest projection puts $XRP back within reach of the level that marked the top of its recent rally.
Ultimately, the $1.35–$1.38 zone remains the key support area, while $1.60 and $1.68 represent the immediate resistance barriers. A stronger move through $1.86 could then shift market attention toward $2.19.
BREAKOUT CONFIRMED!
ripple:native has cleared resistance.
Next target: $1.70. https://t.co/mdanICgtHr pic.twitter.com/Wm5O5STchs
— Ali Charts (@alicharts) August 30, 2026