Key Highlights

  • Ali Martinez tracks a 9-year ascending triangle formation on XRP’s monthly timeframe with $8.50 projection
  • Critical support zone established between $0.75–$0.80, identified as prime accumulation area
  • Binance Taker Buy/Sell ratio reached all-time highs, indicating increased accumulation activity
  • XRP currently holds at $1.33, showing a 1.7% decline over 24 hours while gaining 2.36% weekly
  • Open interest declined 1.76% to $2.43 billion, accompanied by $3.98M in liquidations with longs comprising majority

XRP maintains a position around $1.33 while market observers monitor a long-term technical formation that has developed over nearly nine years. The asset remains confined within a tight trading range, awaiting a decisive directional breakout.

xrp price
XRP Price

Cryptocurrency analyst Ali Martinez shared on X that XRP has been constructing a substantial ascending triangle structure dating back to 2017. Throughout this extended period, XRP has repeatedly tested upper resistance levels before retreating to an upward-sloping support trendline. This cyclical behavior has occurred numerous times over the years.

Martinez’s technical analysis displays horizontal resistance positioned near $3.30, a level where earlier bullish attempts have encountered barriers. The rising support trendline has steadily climbed throughout this timeframe, bringing both boundary lines closer to their convergence point — traditionally where decisive breakouts materialize.

According to his projection, a successful breakout scenario targets $8.50. This represents an approximate gain of 530% from present price levels.

Critical Support Zone Between $0.75–$0.80

The latest rejection from resistance occurred during August 2025. Following this price movement, Martinez highlighted the $0.75–$0.80 region as a critical zone for market participants. He characterized this level as an optimal accumulation opportunity before the triangle pattern reaches its convergence apex.

Separately, analyst Crypto TXG observed that XRP remains confined within a near-term consolidation channel spanning $1.61 to $1.82. The absence of significant directional candles indicates that a breakout from this bounded range remains necessary for establishing a clear trend trajectory.

Blockchain Metrics Reveal Increasing Buying Activity

Analyst CryptoOnchain highlighted notable shifts in Binance’s Taker Buy/Sell ratio metrics. The 100-day moving average recently established a new all-time peak. The 30-day measurement showed buyers at 0.495, while sellers registered 0.505.

This evolving dynamic demonstrates that market participants are executing more aggressive buy orders while selling activity diminishes. The data suggests gradual accumulation occurring beneath the surface.

U.S.-based spot XRP ETFs recorded $11.5 million in net inflows over the previous week, although certain trading sessions reflected zero activity.

Santiment observed that social media fear, uncertainty, and doubt surrounding XRP has reached its third-highest concentration in two years. The analytics platform highlighted historical patterns showing prices frequently reverse when bearish sentiment reaches extreme levels.

Open interest contracted 1.76% to $2.43 billion. Liquidation figures revealed $3.98 million eliminated within 24 hours, with $3.35 million originating from long positions — demonstrating ongoing near-term pressure facing bullish traders.