If XRP ends the week at this level, it will hit a record high of $4.8
Cryptocurrency trading expert Ali Martinez is projecting that XRP could rally to a new all-time high near $5, provided the token secures a decisive weekly close. Martinez noted that XRP is showing renewed strength on the weekly chart, emphasizing that breaching $3 would serve as the key catalyst for a breakout to new highs at $4.9, he said in an X post on July 16. XRP price analysis chart. Source: TradingView The Analysis highlighted that XRP has repeatedly tested the $3 mark since early 2025 but has consistently failed to close above it, reinforcing its role as a major resistance level. However, recent price action shows a shift in momentum, with XRP forming higher lows since bottoming near $1.90 in April. The steep rally into mid-July, which saw XRP briefly reclaim $3, suggests strong buying interest, putting the token on the brink of a critical breakout. Now, if buyers can push the price above $3 and hold it through the weekly close, t...