XRP Price: Top Analyst Flashes Major Breakout Ahead, Eyes 530% Rally

XRP price chart analysis.

The chart by Martinez depicts a well-defined upward-sloping support line. It also shows multiple price rebounds occurring along this trendline that have taken place over the years. Horizontal resistance has been indicated around the area of $3.30, where the earlier rallies have halted.

The structure shows that action in the price is tightening with XRP on the verge of the apex breakout in the triangle. It traditionally signals a volatility expansion stage.

The range of $0.75-0.80 that Martinez pointed at is the critical level to be paid attention to after the recent rejection in August 2025. He explained this zone as “the ultimate ‘buy the dip’ opportunity before the triangle finally reaches its apex.” The chart also shows an estimated breakout path for XRP price to $8.50. It hints at a potential 500% increase of current levels.

On-chain Data Shows Growing XRP Accumulation

Individually, on-chain data indicates an increase in buying power in the XRP market. Analyst CryptoOnchain pointed out that the Taker Buy/Sell ratio on Binance has changed drastically. The 100-day moving average has recently hit a record high, and the 30-day indicator hit a high of 0.495.

Meanwhile, Taker Sell ratio decreased to 0.505 which means that there was less selling. This divergence indicates growing accumulation, with more traders filling aggressive buy orders and less of the participants selling holdings.

According to market data by CoinGape, Ripple XRP price is trading around $1.32. It has seen slight gains this week but not much in the one-month timeframe. In the meantime, U.S.-based spot XRP ETFs registered $11.5 million in net inflows in the last week, albeit with the occasional days of no activity.