Current Date:February 22, 2025

Master analyst gave short -term goals for XRP Coin: these levels!

Master analyst Ali Martinez detected a ‘cup and handle’ formation in the 30 -minute graph of XRP. Analyst says that if this formation continues, the XRP coin price can recover the recently lost peaks.

XRP Coin ‘Cup and Hand’ formation created

Despite the ongoing consolidation, analyst Ali Martinez continues to rise in XRP. In terms of context, the price movement of the XRP was largely uncertain during February. XRP Coin, last recovery move on Saturday, February 15, $ 2.83 resistance faced. The last recovery effort came after a withdrawal for several weeks. In particular, since February created an intense pressure in the entire crypto market, XRP collapsed after a high level of $ 2.8 on February 4, 2025.

Interestingly, while the following withdrawal concerns, Ali Martinez detected a bull model in the 30 -minute graph of this decrease in the last analysis. This model is a structure that we know as ‘cup and handle’.

The XRP price movement creates a cup and handle formation. Ali Martinez

However, the price of XRP Coin on February 14 Valentine’s Day, US Secute Arca’nın Grayscale XRP ETF trade for the 19b-4 application in the midst of reports in the midst of the reports provided a recovery. Shortly after, SEC also accepted the application for 21shares XRP ETF. Following these developments, the price of the XRP rose rapidly and rose from $ 2.43 to $ 2.83 in the last hours of February 13th. This was essentially pointing to the end of the trophy part of the ‘cup and handle’ formation.

Meanwhile, after the last recovery, the XRP is currently facing a gradual retreat and the bulls are working hard to turn it into a consolidation phase. However, the XRP is still facing a general decline tendency, which leads to the formation of a ‘handle’ formation.

Expectation for XRP: First, fall to $ 2.6, then rise to $ 3.35!

Currently, the XRP has declined from $ 2.68 to a current price of $ 2.83. This reflects a decrease of 5.3 %in the last two days. However, the data obtained from Ali Martinez’s graph shows that this fall trend will continue for a few more hours and possibly a decrease to the lower end of the price level of $ 2.6.

However, the analyst believes that a break from the ‘handle’ structure will lead to a big pushing. Ali Martinez’s graph shows that this thrust can lead the XRP price to the price of $ 3.35 and represents a 25 % increase from the current level.

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