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Analysts say XRP breakout is underway-but their price target will shock you

2026-09-06 00:36:14
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XRP Price Forecast: Analysts 'target price reaches US$60, and market sentiment is high

Although XRP encountered resistance and fell back near US$1.70 two weeks ago after a sharp rise in mid-August, its price is still up 40% compared to a multi-year low set less than a month ago. This trend has made many analysts extremely optimistic. While market observers like EGRAG CRYSTPTO are not surprised, the recent price target proposed by analyst Ali Martinez has sparked widespread debate in the community.

Can XRP reach US$60?

Martinez recently firmly believes that Ripple's native tokens have hit bottom in this cycle and are on the road to recovery. In previous analysis, he pointed out that the breakthrough in XRP had been confirmed and set a more conservative target price of $1.70. Previously, the asset surged 70% in less than 72 hours and reached that level on August 21 - 22.

However, prices were sold violently after hitting that level, falling below $1.35 last week. Subsequently, XRP was able to maintain that level and rebound to the current $1.40, which gave the bulls more hope and Martinez joined the bulls.

In a post posted this morning, the analyst, who has 166,000 followers, said XRP is "forming a huge rising triangle" on the monthly chart. If the price breaks through and closes above the key resistance level of $3.66, then this will "confirm the breakthrough and activate the technical target pointing at about $60." Yes, the price target for each XRP is $60.

XRP bull market target: US$60

In the past decade, XRP has formed a huge rising triangle on monthly charts. 3.66 Resistance to the dollar is a key barrier. A monthly close above this level will confirm a breakthrough and activate a technical target pointing to approximately $60.
-- Ali Charts (@alicharts) September 5, 2026

Now, we're not trying to send bad news, but is the $60 goal too aggressive? Even if it takes another 10 years, this would mean an increase of close to 4,200% from current levels. In addition, even if the supply of XRP remains the same (which is actually unlikely), its market value will reach about $4 trillion. This would bring it to two to three times Bitcoin's current market value, and its valuation would even surpass that of technology giants such as Amazon and Microsoft.

Maybe $25 is more realistic?

Similar extremely bullish (and slightly far-fetched) forecasts usually come from other analysts, such as EGRAG CRYSTPTO. But his recent analysis is more conservative than Martinez's goal.

Based on XRP's previous expansion, in which the asset surged as much as 2,400%, the analyst listed some major target prices in his September 5 analysis. The top price target is $25, provided that XRP can repeat its strongest rally during the 2017-2018 bull market.

Other slightly less bullish targets are set between $11 and $15.8. Naturally, all of these goals seem unrealistic at the moment, despite the significant changes in the market structure in the past few weeks.

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