The analysis of XRP indicates that the token has reached a new level, which may herald long-term changes in its price dynamics.
Technical Analysis of XRP
According to analyst Ali Martinez, XRP has broken out of a six-year symmetrical triangle, indicating a potential change in trend. The current token price is $2.73, down 3.18% over the past 24 hours. The key level for the next move is a weekly close above $3.00, which could lead to a rapid surge to $6.00 and beyond.
The analysis shows that since 2018, XRP has been within a symmetrical triangle, a classic setup for eventual breakouts. This breakout finally occurred earlier in 2025, confirming the end of a long accumulation phase.
Fundamentals Supporting Growth
However, XRP's bullish outlook is not solely based on technicals. Fundamental factors are also evolving in favor of long-term growth. One notable development is Ripple's application for a U.S. national banking charter, which would enable the company to offer regulated banking services and integrate blockchain with the traditional financial system.
Additionally, Ripple's RLUSD stablecoin, launched in late 2024, is gaining traction as a key liquidity tool, supporting tokenization and transactions. The success of RLUSD reinforces XRP's role as an asset for global financial transactions.
Speculation Around ETF
There is also growing interest in a potential XRP spot ETF in the United States. Following recent approvals of Bitcoin and Ethereum ETFs, XRP is now considered a likely next candidate. Analysts believe that if approved, an XRP ETF could lead to significant institutional demand, similar to the capital inflows seen during previous ETF launches.
This narrative is gaining momentum amid broader institutional interest in real-world asset tokenization and blockchain financial infrastructure.
Thus, attention is focused on the $3.00 level. A confirmed weekly close above this level would not only validate Ali’s analysis but could also ignite a parabolic move towards $5.89 and beyond. There is clear accumulation at current levels, suggesting many investors are positioning for that breakout.
