Top Expert Predicts $XRP Rally to $11
XRP's recent robust rally has caught the attention of market experts, who remain optimistic about its future trajectory. Crypto market analyst Ali Martinez recently shared a detailed price chart outlining key levels for Ripple’s native token, XRP, and highlighted critical resistance points that need to be breached to sustain its bullish momentum.
Martinez noted that XRP is currently consolidating within a bullish pennant pattern, which indicates potential for upward movement. However, he cautioned that failure to break through the $2.73 resistance level could result in a temporary decline to $2.05.
Despite this short-term warning, Martinez remains bullish on XRP's longer-term potential, predicting a rally to $11 once the current consolidation phase and pullback are complete. This forecast underscores the potential for significant gains in the months ahead.