Ripple (XRP) Breakout Confirmed? Analyst Sets the Next Big Target

Ripple’s cross-border token has declined by nearly 7% over the past week, yet numerous analysts remain optimistic that a renewed uptrend could be on the horizon.

Many believe the price could shift into an “up-only” phase from here, while others expect a substantial pullback before any major increase.

‘Breakout Confirmed’ As of press time, XRP trades at around $1.38 (per CoinGecko), boasting a market capitalization of approximately $86 billion.

While the current level marks a clear drop from the local top seen earlier in August, Ali Martinez still views it as a constructive development.