XRP Triangle Puts $1.38 Resistance Ahead of $1.60 Test

XRP price closed around $1.35 yesterday after trading as high as $1.43 two sessions earlier. Analyst identifies $1.38 as the level XRP needs to clear for a bullish breakout that could open a path toward $1.60.

The setup remains conditional, however, with the token still trading near a closely watched support and resistance range.Martinez, who posts as Ali Charts on X, has identified a triangle developing between $1.31-$1.35 support and $1.38 resistance.

XRP needs to hold the support zone as it approaches the apex of that pattern, while a decisive move above $1.38 would confirm the breakout and could strengthen momentum.

IT’S HAPPENING!$XRP appears to be breaking out.A sustained close above $1.38 would confirm the move and could open the door to a rally toward $1.60.