XRP On Verge of 10% Sharp Price Spike: Analyst

XRP On Verge of 10% Sharp Price Spike: Analyst

Source: UToday

Published:2026-04-24 15:56

BTC Price:$77973.1

XRP Crypto TechnicalAnalysis

Analysis

Price Impact

Med

A 10% price spike is significant but depends on overall market conditions and the confirmation of trading volume, as mentioned by other traders.

Trustworthiness

Med

Price Direction

Bullish

The analyst identifies a tightening triangle pattern on the hourly chart, which typically signals an impending upward breakout. the potential 10% surge could push xrp towards $1.60.

Time Effect

Short

The analysis refers to a 'near future' price move, implying a short-term timeframe for the potential spike.

Original Article:

Article Content:

Cover image via U.Today XRP to hit $1.60? XRP community not surprised Advertisement XRP continues to print bullish signals as momentum begins to shift in favor of the leading cryptocurrency, positioning its price for a big upsurge. As the broad crypto market begins to show signs of a major recovery, XRP has gained the spotlight amid bullish predictions from market analysts. XRP to hit $1.60? Popular crypto analyst Ali Martinez has just shared data , pointing to a tightening triangle pattern on the XRP hourly chart, which signals a further upside move for the asset. HOT Stories Shiba Inu (SHIB): Everything Is Clear Now, Bitcoin's (BTC) Real Resistance Is $82,000, Another Dogecoin (DOGE) Zero Removal: Crypto Market Review 'The O.C.' Star Lambasts Bitcoin on American TV According to Martinez, the pattern printed on the chart could trigger a sharp 10% price move for XRP in the near future. Advertisement The analyst spotlighted XRP preparing for a decisive breakout as its price is seen hovering around the $1.42 and $1.43 mark, with immediate resistance levels seen near $1.44 and $1.45. You Might Also Like Fri, 04/24/2026 - 07:56 No, XRP Isn't Featured In Secret US Government's Plans: Ripple CTO Emeritus Ends Speculation By Gamza Khanzadaev Nonetheless, the chart further showed that support is holding around $1.41, with a stronger base forming closer to $1.39. Advertisement With the projected pattern, the analyst believes that a move beyond either boundary could put XRP on the verge of a sharp 10% price swing. As of the time of writing, XRP is trading around $1.43 with a brief surge of about 0.37%. This means that the potential 10% surge could propel the asset to trade near $1.60 soon. XRP community not surprised The bullish price prediction for XRP did not come as a surprise to the XRP community as many claimed that the asset is obviously set for a big price move which could even see it surge beyond 10%. Other XRP traders claimed that such a technical setup is merely a routine signal and it requires confirmation with strong trading volume rather than being reactive. #XRP #XRP Price Analysis #XRP Price Prediction