x
Crypto analyst eyes XRP breaking out to new all-time high originally appeared on TheStreet.
Popular crypto analyst Ali Martinez, who recently nailed the XRP price prediction around the recent conclusion of the Ripple vs. Securities and Exchange Commission (SEC) legal saga, has come up with a new prediction.
Martinez, known as @ali_charts on X, shared a price analysis chart for XRP on Aug. 15 in which the cryptocurrency is shown to be forming a symmetrical triangle.
A symmetrical triangle is a type of price analysis pattern in which an asset's price consolidates over time, creating lower highs and higher lows. It results in two converging trendlines that look like a triangle. Once the two lines converge, the price breaks out.
The chart shows XRP trading at $3.10, and the dotted lines show that a price consolidation within a triangle will take place by the end of August. If XRP breaks above $3.26, it could next reach the price of $3.90 within the first week of September, Martinez predicted.
Join the discussion with CryptoWendyO on Roundtable here.
XRP is the third-largest cryptocurrency, which has a market cap of more than $184 billion. It hit an all-time high (ATH) of $3.84 on Jan. 4, 2018, and if Martinez's prediction comes true, the asset will hit a new ATH of $3.90.
On Aug. 15, lawyer James Filan shared that the SEC reminded the court that the stipulation of the joint appeal filed by the SEC and Ripple to dismiss their appeals is still pending.
XRP was trading at $3.09 at press time. The crypto asset needs to surge 25% to reach Martinez's price target of $3.90.
Crypto analyst eyes XRP breaking out to new all-time high first appeared on TheStreet on Aug 16, 2025
