XRP price forecast target of US$60, from a decade of chart patterns

TLDR: Contents

Core Points: XRP price trend forecast depends on whether it can stand above US$3.66 at the close of the month. XRP price forecasts are strongly supported by ETF demand.

XRP price forecast depends on breaking through the resistance level of $3.66

XRP price forecast sets $3.66 as a key monthly resistance level that buyers must break before the target path to $60 can be activated. Although strong U.S. jobs data and massive long liquidations caused XRP to fall to $1.41, high spot trading volumes suggest traders remain active. In the week ending August 28, the U.S. spot XRP ETF attracted US$110.49 million in capital inflows, and the cumulative net inflow has exceeded US$1.66 billion. Internet activity is expected to expand with the growth of RLUSD (Ripple USD) and the planned launch of XRPL's lending feature, while XRP is testing support near $1.30 and resistance near $1.70.

XRP has fallen 2.83% in the past 24 hours and is currently trading close to $1.41, mainly affected by strong U.S. jobs data and a large number of liquidations of long positions. The latest XRP price forecast focuses on $3.66, a key resistance level that has suppressed the token for years. Analyst Ali Martinez pointed out that if the monthly close is above this barrier, a breakthrough pattern of a rising triangle will be confirmed. His chart shows that the long-term technical target is close to $60. However, this forecast is conditional, and recent price levels still determine whether buyers can regain control. Increased spot activity, outflows from exchanges, ETF demand and growth in the Ripple ecosystem provide background support for this controversial technology form.

XRP price forecasts depend on monthly closing above $3.66

The recent decline follows a U.S. jobs report that showed 162,000 new jobs. The figure exceeded market expectations, while the unemployment rate remained at 4.1%. The release of the data put pressure on risky assets by strengthening expectations for tightening monetary policy.

XRP bull market target: US$60
In the past decade,$XRP has formed a huge rising triangle on the monthly chart.
Resistance at $3.66 is a key obstacle. A break through this position by the monthly closing price will confirm a breakthrough and activate a technical target pointing near $60.
pic.twitter.com/RpAnbER9cv - Ali Charts (@alicharts) September 5, 2026

During the sell-off period, XRP briefly fell to around $1.33. The liquidation amount reached approximately US$14.82 million, of which long positions accounted for 95.8% of the total. Forced liquidation increased selling pressure, and the token then recovered to around $1.41. Despite this, trading activity remained high in August. Binance processed approximately $7.28 billion in XRP spot trading volume, and Upbit recorded approximately $4.68 billion in trading volume. In addition, approximately 500 million tokens left Binance that month. Lower exchange balances may reflect a shift to self-custody, but this does not guarantee an immediate price increase.

Martinez's XRP price forecast is based on the rising triangle pattern visible on the monthly chart. XRP showed higher lows while repeatedly blocking resistance levels near the previously recorded area. A monthly close above $3.66 would provide a stronger confirmation signal than a brief intraday fluctuation.

The expected path does not directly push XRP towards $60. Martinez's chart points out possible phased goals, around $9.49 and $15.60, respectively, before a possible correction. If the long-term structure persists, higher extension targets appear around $31.87 and $60. For current traders, closer resistance levels are more relevant. XRP must first recover $1.70 and then clear potential targets near $1.90,$2.13,$2.80 and $3.40. Failure to hold the $1.30 area may expose a broader support range of $1.10 to $1.38.

XRP price forecast supported by ETF demand

Fundamental factors of XRP price forecasts form the second part. In the week ended August 28, the U.S. spot XRP ETF attracted $110.49 million in inflows. Total net inflows exceeded $1.66 billion, indicating continued institutional demand despite short-term price weakness.

Ripple USD (RLUSD) has also been expanded in ecosystems. In the past 30 days, RLUSD supply has increased 51% to a new high of $2.4 billion. About US$1.1 billion of these assets are now held on XRP Ledger, with both the number of holders and trading volume increasing. At the same time, XRPL developers are testing loan agreements and single-asset vault capabilities. These upgrades may bring more lending, revenue products and institutional activity to the network. Greater usage may support demand, but adoption rates will depend on liquidity, security and engagement.

Regulatory policy is another potential catalyst. The U.S. Senate is scheduled to hold a closing debate vote on the CLARITY Act on September 15, 2026. The procedural vote requires 60 votes in favor and will determine whether the bill moves forward.

The interpretation of short-term charts remains divided. A bearish view is that the recent rally is just three waves of adjustment movements rather than a confirmed trend reversal. Based on this explanation, XRP has not yet established a solid bottom in the $1.10 to $1.38 region. The daily chart sent a firmer bullish signal. XRP traded above its 200-day exponential moving average and gained support around $1.3093. A bullish flag pattern points to $1.6975 (August high) as the first major test point. Only by continuing to close above nearby resistance levels can strengthen the view of a larger breakout and bring the $3.66 trigger set by Martinez into focus.