XRP surged out of a symmetrical triangle pattern on June 15 2026, with the token trading near $1.1784 before climbing to $1.24 – a 5.2% increase that positioned the next resistance around $1.30, according to market analyst Ali Martinez.
Technical Breakout
Martinez posted his analysis on X after a week of lateral movement, highlighting that XRP broke the triangle and entered a bullish phase. The breakout suggests that major investors are accumulating the digital asset, reinforcing its upward momentum on the blockchain market.
Price Recovery This Month
During the first week of June, XRP briefly dipped to $1.03, flirting with the $1 psychological barrier for the first time in eight months. From that low, the token rallied roughly 25% to $1.29, although it still trails about 32% behind its year‑to‑date peak.
Long‑Term Projections
Earlier on June 8, Martinez identified the $0.90 zone as a compelling entry point for long‑term investors, citing a monthly chart that shows XRP riding an ascending support line that originated near $0.11. He extrapolated potential targets of $3.32, $8.50, and $13, provided the underlying support structure remains intact for the crypto market.