Analyst outlines requirements for XRP reaching $1.35
July 18, 2026
coin to rally towards $1.35. Martinez outlined in a recent post that for XRP to reach the $1.35 mark, it needed to consistently close above the $1.13 liquidity level. He also observed that on the 1-hour chart, XRP has been forming a symmetrical triangle and was recently rejected at the descending upper resistance level.
With XRP approaching the apex of the symmetrical triangle pattern, Martinez emphasized that a breakout is imminent. He suggested that a full turnaround for the token could only happen if it breaks through the descending upper resistance. There is a possibility of a potential retest of the ascending lower support, with a positive outlook remaining. However, if the token’s price consistently falls below the ascending lower support, the $1.35 target might be delayed.
The recent technical signals for XRP have prompted more traders to believe that the potential bottom has already been established. The increased demand from XRP whales further solidifies the near-term bullish rally for XRP. Despite the token dropping over 69% in the past year and trading around $1.08, analysts believe it must exceed its July peak of $1.16 to signal a bottoming out and create a higher high.
Contrary to Martinez’s forecast, the AI algorithm remains bearish on XRP’s price for July, predicting a new lower low by the end of the month. This indicates that the bottom for XRP has not yet been reached. However, if XRP whales continue to accumulate over the next few days, Martinez’s projected $1.35 target could still be achieved.
In conclusion, XRP’s price has shown signs of potentially bottoming out, and analyst Ali Martinez has outlined the conditions necessary for the token to rally towards $1.35. While the current technical signals are bullish, the AI forecast remains bearish, suggesting that the bottom for XRP may not have been reached yet. Investors will be closely monitoring XRP’s price movements to see if it can surpass key resistance levels and reach Martinez’s target of $1.35.
