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Top analysts set a target price for XRP at $60, but XRP needs to rise by 158% first

2026-09-06 21:13:41
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XRP wins most aggressive price target for 2026: Analysts say a ten-year pattern could point to US$60

XRP has ushered in one of its most ambitious price targets for 2026. Well-known cryptocurrency analyst Ali Martinez believes that a chart structure that has lasted for nearly a decade may eventually push the coin price towards $60.

However, there is a key prerequisite for this prediction. Martinez pointed out that the XRP must first settle above the monthly close of $3.66, which is where the resistance lies and the top limit of what he described as a nearly decade-old giant rising triangle. Only when this barrier is broken will the target close to $60 in technical analysis be activated. XRP is currently trading at around $1.42, meaning it needs to rise about 158% before hitting Martinez's breakout threshold. A jump from the current price to $60 would be more than 4,100%.

A $60 XRP would create nearly $3.8 trillion worth of assets

When this prediction is converted from percentage return to market value, the scale becomes clear. The current circulation supply of XRP is approximately 62.74 billion pieces. If each token reaches US$60, the same liquidity will mean a market value of approximately US$3.76 trillion, compared with only approximately US$89 billion at current prices.

This does not mean that the technical goal cannot be achieved, but it clearly shows that Martinez's scenario assumes huge room for capital appreciation. In addition, he did not give a specific timetable for XRP to reach $60. As a result, this is a conditional long-term chart goal rather than predicting that XRP will trade at $60 this year.

Interestingly, Martinez is not the first analyst to come up with similar numbers. Previous Coinpaper's analysis of the long-term "rhubarb triangle" pattern of EGRAG Crypto described potential results ranges for XRP, covering $6.50,$13,$31 and up to $60.

XRP ETF buyers continue to enter, and prices are well below US$3.66.

Martinez's new forecast is even more interesting because it comes against the backdrop of unusual deviations between XRP price movements and regulatory investment demand.

The U.S. spot XRP ETF recorded a net inflow of US$6.14 million on September 3, and the cumulative net inflow has reached approximately US$1.68 billion. Even as XRP struggles around $1.40, this institutional trend continues. The previous inflow of 11 consecutive trading days brought in approximately $170 million, including $14.38 million on September 1.

Institutional documents also show that Goldman Sachs has approximately US$87.4 million in XRP ETF exposure, with institutions such as Jane Street and Millennium Management also holding relevant positions. This growing Wall Street ownership provides more tangible data support for bullish views than the $60 chart target itself.

At the same time, XRP-related products such as Amplify's XRPM are expanding XRP's presence in traditional U.S. fund infrastructure.

However, for now, Martinez's huge goal is still far from being achieved. XRP does not need to reach $60 to verify the first part of its theory. It first needs to reach $3.66 and achieve a monthly close above that level.

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