“If this bull run keeps going, $XRP could offer a solid buying opportunity at $1.90 before rallying to $6.” The blunt forecast, posted by popular crypto analyst Ali Martinez on X alongside a hand-drawn price roadmap, has reignited debate among traders about how low, and how high, Ripple’s token might go as markets attempt to keep their momentum into year-end. Martinez’s chart, which sketches a shallow dip into the $1.90 area before a renewed push toward multi-dollar territory, is being shared widely across trading desks and social feeds.
At the time of writing, XRP is trading between $2.3 and $2.5, having recovered from earlier autumn weakness as Bitcoin and the broader market showed signs of life this week. It is a price band that has many traders wondering whether a deeper pullback is simply the last chance to accumulate. Martinez’s scenario, a retest near $1.90 followed by a rally to $6, is rooted in classic technical storytelling.
His posts point to triangle patterns, flag setups and previous resistance-turned-support levels that, in bullish permutations, can act as launch pads for large percentage moves. Other chartists have laid out similar stairways to higher prices, arguing that a sustained weekly close above key thresholds near $3 would open the path for a run toward $3.60 and beyond, with $6 often cited as a psychological and technical target if momentum and volume align. But those same voices stress the importance of the token holding crucial support levels to keep the bullish thesis intact.
There are real catalysts behind the optimism. The regulatory overhang that weighed on XRP for years eased dramatically when the SEC signaled it would withdraw its appeal in the long-running case against Ripple, a move that market participants say removed a major source of uncertainty and allowed institutional interest to rebuild. That legal progress, coupled with a wave of ETF filings and products aimed at giving institutional investors more ways to access XRP, has been cited repeatedly as a reason the token could see outsized gains if macro conditions cooperate.
What to Expect?
Macro and on-chain flows are doing their part too. Bitcoin’s rebound above six figures in recent days has lifted risky assets broadly and helped push altcoins higher; press coverage and exchange data show XRP among the beneficiaries of the latest risk-on rotation. At the same time, some market metrics, whale accumulation patterns, and a jump in trading volumes on certain regional exchanges have added fuel to the breakout narrative, reinforcing the charts that Martinez and others are watching.
Still, the path Martinez sketches is not preordained. Technical breakouts can fail, regulatory clarity does not eliminate all counterparty or operational risks tied to individual exchanges and custodians, and macro shocks can wipe out momentum quickly. Traders who point to a $1.90 dip as a buying opportunity also note that a deeper sell-off would invalidate the bullish pattern and could open the door to protracted consolidation. Risk management, they say, remains essential.
For everyday investors, the takeaway is straightforward: the market is offering two competing narratives at once, a retracement as a “last chance” entry and a parade-of-targets scenario that stretches into the mid-single digits if bulls can keep control. Whether XRP tests $1.90 or drifts higher from here will depend on a mix of technical confirmation, how institutions behave as ETFs and products roll out, and broader crypto market sentiment tied to Bitcoin and macro policy moves.
This is not financial advice, but a snapshot of where the market stands and why a high-profile chart by Ali Martinez has become a touchstone for traders. If you follow the trade, size it to what you can afford to lose, and watch the price action around the support and resistance bands that analysts keep highlighting, because in crypto, the very patterns that promise big rallies can flip just as fast.
