COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Crypto Potato 2026-03-17 09:43:30

XRP Is Finally Breaking Out: Here’s The Next Price Target as Bulls Take Charge

Alongside the rest of the market, XRP jumped earlier today to over $1.60, a level not seen in just over a month. Although it was rejected there and now trades at around $1.50, the asset could be primed for more gains ahead, and Ali Martinez outlined the next possible target. XRP to Aim at $1.85? In the days leading up to today’s surge, Martinez also reported that the Bollinger Bands on XRP’s chart had squeezed as the asset spent most of the previous few weeks trading sideways in a relatively tight range between $1.33 and $1.47. Consequently, the analyst suggested that a bigger move is on its way, without providing any clear indication of the direction. However, the cross-border token finally broke out of that range yesterday, surging past $1.50. It climbed to over $1.60 earlier this morning, and even though it was stopped there, it’s still above the upper boundary of its previous trading range. Consequently, Ali Martinez noted that the aforementioned big move might take the asset to its next notable target at $1.85. $XRP is breaking out of this triangle! Target: $1.85. https://t.co/3dirkMNDwF pic.twitter.com/H2D56F5zyZ — Ali Charts (@alicharts) March 17, 2026 Interestingly, the impressive price resurgence over the past few days comes even as the spot XRP ETFs continue to underperform. After registering a highly negative 7-day streak, the funds were in the red once again on Monday, with almost $6 million in net outflows. However, the company behind the token has made some major moves lately, including announcing plans to secure an Australian Financial Services License, as well as a partnership focused on the US and Canadian markets. Strongly Bullish CryptoWZRD also weighed in on the token’s recent performance, noting that it closed “strongly bullish,” especially against BTC. The analyst expects “more bullish moves from XRP/BTC,” which will help the cross-border asset in the near future. Fellow market observer CW outlined a chart showing that XRP has touched the lower line of the ascending channel, which represents its cycle bottom. They added that “an uptrend has now begun” after a Heikin Ashi green candle appeared following the successful retest of the bottom level. The lower line of the ascending channel is the bottom of $XRP . And a Heikin Ashi green candle appeared. After touching the bottom, the trend reversed. An uptrend has now begun. pic.twitter.com/i5H5nDFKZH — CW (@CW8900) March 17, 2026 The post XRP Is Finally Breaking Out: Here’s The Next Price Target as Bulls Take Charge appeared first on CryptoPotato .

最阅读新闻

coinpuro_earn
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约