XRP Price Prediction Targets $60 From Decade Long Chart Pattern

TLDR:

• The XRP price prediction places $3.66 as the decisive monthly resistance that buyers must break before the projected path toward $60 becomes active.
• XRP dropped to $1.41 after strong employment data and long liquidations, although elevated spot volume suggests traders remain active.
• United States spot XRP ETFs attracted $110.49 million during the week ending August 28, lifting cumulative inflows beyond $1.66 billion.
• RLUSD growth and planned XRPL lending features could expand network activity while XRP tests support near $1.30 and resistance around $1.70.

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XRP trades near $1.41 after losing 2.83% over 24 hours, following stronger United States employment data and heavy long liquidations. The latest XRP price prediction centers on $3.66, a resistance level that has capped the token for years. Analyst Ali Martinez says a monthly close above that barrier would confirm an ascending triangle breakout. 

His chart places the long-term technical target near $60. The projection is conditional, while nearer levels still determine whether buyers can regain control. Rising spot activity, exchange outflows, ETF demand, and growth across Ripple’s ecosystem provide a backdrop for the contested technical setup.

XRP Price Prediction Depends on a Close Above $3.66

The latest decline followed a United States jobs report showing 162,000 new positions. That figure exceeded market expectations, while unemployment held at 4.1%. The release pressured risk assets by strengthening expectations for tighter monetary policy.

XRP briefly fell toward $1.33 during the sell-off. Liquidations reached about $14.82 million, with long positions representing 95.8% of the total. Forced closures added selling pressure before the token recovered toward $1.41.

Trading activity nevertheless stayed elevated during August. Binance processed about $7.28 billion in XRP spot volume, while Upbit recorded roughly $4.68 billion. Around 500 million tokens also left Binance during the month. Lower exchange balances can reflect transfers into self-custody, although they do not guarantee immediate price gains.

Martinez’s XRP price prediction draws on an ascending triangle visible on the monthly chart. XRP has produced higher lows while repeatedly meeting resistance near its previous record zone. A monthly close above $3.66 would provide stronger confirmation than a brief intraday move.

The projected path does not send XRP directly to $60. Martinez’s chart identifies possible stages near $9.49 and $15.60, followed by a potential pullback. Higher extensions appear around $31.87 and $60 if the long-term structure continues.

Nearer resistance remains more relevant for current traders. XRP must first reclaim $1.70, then clear potential targets around $1.90, $2.13, $2.80, and $3.40. Failure to hold the $1.30 area could expose the broader $1.10 to $1.38 support zone.

XRP Price Prediction Gains Support From ETF Demand

Fundamental developments provide a second part of the XRP price prediction. United States spot XRP ETFs attracted $110.49 million during the week ending August 28. Total net inflows surpassed $1.66 billion, showing continued institutional demand despite short-term price weakness.

Ripple USD has also expanded across the ecosystem. RLUSD supply rose 51% during the past 30 days to a record $2.4 billion. About $1.1 billion of those assets now sit on the XRP Ledger, alongside growth in holders and transaction volume.

Meanwhile, XRPL developers are testing a Lending Protocol and Single Asset Vaults. The upgrades could bring more lending, yield products, and institutional activity onto the network. Greater usage may support demand, but adoption will depend on liquidity, security, and participation.

Regulation provides another potential catalyst. A United States Senate cloture vote on the CLARITY Act is scheduled for September 15, 2026. The procedural vote requires 60 votes and would determine whether the bill advances.

Short-term chart readings remain divided. One bearish view treats the latest rebound as a three-wave corrective move rather than a confirmed trend reversal. Under that interpretation, XRP has not established a durable bottom within the $1.10 to $1.38 region.

The daily chart offers a firmer bullish signal. XRP trades above its 200-day exponential moving average and has held support near $1.3093. A bullish flag also points to $1.6975, the August high, as the first major test. Only sustained closes above nearby resistance would strengthen the larger breakout case and bring Martinez’s $3.66 trigger into focus.

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Source: https://blockonomi.com/xrp-price-prediction-targets-60-from-decade-long-chart-pattern/