Analyst outlines conditions for XRP reaching $1.35

July 18, 2026

Cryptocurrency analyst Ali Martinez has outlined the prerequisites for XRP to surge towards $1.35, citing signals suggesting a possible market bottom on July 17, 2026. According to Martinez, the $XRP price needs to maintain a consistent close above the liquidity level of $1.13 to trigger the anticipated rally. Notably, an analysis of the XRP price on the 1-hour chart reveals the formation of a symmetrical triangle pattern, with recent rejection observed at the descending upper resistance level.

As XRP price nears the apex of the symmetrical triangle pattern, Martinez predicts an impending breakout. A full reversal is contingent upon breaching the descending upper resistance, although a potential retest of the ascending lower support is not entirely ruled out. Despite the bullish outlook, failure to maintain a close above the ascending lower support level could potentially delay the $1.35 target.

Market observers and traders have increasingly speculated about the possibility of XRP reaching a market bottom, boosted by a surge in demand from XRP whales. In the last year, XRP’s value has plummeted by more than 69%, currently hovering around $1.08. However, to confirm a market bottom and establish a higher high, XRP must surpass its July peak of approximately $1.16. On the contrary, an AI-driven forecast presented a bearish outlook, suggesting the likelihood of XRP hitting a new lower low by the end of the month.

Given the contrasting predictions, realization of Martinez’s $1.35 target hinges on the accumulation behavior of XRP whales in the upcoming days. The potential for XRP to reach this milestone relies on a multitude of factors, including market sentiment, trading volume, and overall market conditions. As the cryptocurrency landscape remains highly volatile, investors and traders must exercise caution and stay attuned to market developments to capitalize on potential opportunities effectively.