Analyst Ali Martinez says XRP must hold above $1.06 to target $1.64, while a drop risks a fall to $0.62.
Cryptocurrency analyst Ali Martinez identified $1.06 as a pivotal level for XRP, the sixth-largest digital asset by market cap. The level, derived from on-chain data, could determine whether XRP rallies to $1.35 or $1.64, a 26%-53% gain, or declines to $0.80 or $0.62.
Technical indicators present a mixed outlook. The Moving Average Convergence Divergence and Bull Bear Power indicators both flashed sell signals, while the Relative Strength Index hovered near neutral. XRP’s price action remains balanced between buying and selling pressure.
The analysis follows recent market focus on XRP’s potential breakout amid broader crypto volatility. Traders are closely monitoring the $1.06 threshold for directional cues.