Analyst outlines conditions for XRP to reach $1.35
July 18, 2026
Altcoin XRP has been showing potential bottoming signs, leading crypto analyst Ali Martinez to establish the criteria for the digital asset to surge towards $1.35. Martinez outlined in a recent post that for XRP’s price to initiate a rally towards $1.35, it must consistently close above the liquidity level at approximately $1.13. Additionally, Martinez observed that XRP’s price on the 1-hour chart has been forming a symmetrical triangle pattern and was recently rejected at the descending upper resistance level.
With XRP’s price nearing the apex of the symmetrical triangle, Martinez suggested that a breakout is imminent. A complete reversal for the token is contingent on breaching the descending upper resistance. In case the token’s price falls below the ascending lower support, there may be a delay in reaching the $1.35 target. However, if the bullish trend persists, XRP could achieve the forecasted price target.
Regarding the possibility of XRP’s price bottoming out, technical signals are signaling a bullish rally, leading many crypto traders to speculate that a potential bottom has already been established. Recent increased demand from XRP whales has been contributing to the renewed optimism around the digital asset. Despite a 69% decrease in value over the last 12 months, XRP is currently trading at about $1.08. The token would need to surpass its July peak of roughly $1.16 to confirm a bottoming out and establish its first higher high.
The AI algorithm’s XRP price forecast for the month of July is still bearish, suggesting a potential new lower low by the end of the current month. This indicates that the bottom for XRP may not have been reached yet. However, if XRP whales continue to accumulate the digital asset in the coming days, Martinez’s projected target of $1.35 could be achievable.
In conclusion, XRP is positioned to make significant price movements based on the technical analysis and market trends. The altcoin’s ability to meet the specified conditions and break key resistance levels will play a crucial role in determining whether it can reach the $1.35 price target set by analyst Ali Martinez. Investors and traders in the crypto space will closely monitor XRP’s price action to gauge the likelihood of this optimistic outlook materializing.
