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Altcoins & DeFi

Ali Martinez says XRP could fall to $1.25 before rebounding toward $1.60

Image: CoinTurk News

Crypto market analyst Ali Martinez has identified a potential short-term decline for XRP, signaling that the digital asset may dip before mounting a significant recovery. Martinez, known for his technical analyses and broad following on social media, highlighted a trading pattern visible on XRP’s 1-hour chart that could set the stage for a notable rebound. Martinez pointed to $1.25 as a crucial support zone for XRP. Referring to the recent price action, he indicated that XRP is moving within a parallel channel and currently trades near $1.32. Martinez said that a further drop to $1.25 might occur before substantial buying pressure emerges. On social media, the analyst described $1.25 as the most important level he is monitoring.

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