Crypto analyst eyes XRP breaking out to new all-time high

Popular crypto analyst Ali Martinez, who recently nailed the XRP price prediction around the recent conclusion of the Ripple vs. Securities and Exchange Commission (SEC) legal saga, has come up with a new prediction.

Martinez, known as @ali_charts on X, shared a price analysis chart for XRP on Aug. 15 in which the cryptocurrency is shown to be forming a symmetrical triangle.

$XRP consolidates in a triangle! A break above $3.26 could send it to $3.90. pic.twitter.com/9MmLhcofSF
— Ali (@ali_charts) August 15, 2025

A symmetrical triangle is a type of price analysis pattern in which an asset's price consolidates over time, creating lower highs and higher lows. It results in two converging trendlines that look like a triangle. Once the two lines converge, the price breaks out.

The chart shows XRP trading at $3.10, and the dotted lines show that a price consolidation within a triangle will take place by the end of August. If XRP breaks above $3.26, it could next reach the price of $3.90 within the first week of September, Martinez predicted.

Join the discussion with CryptoWendyO on Roundtable here.

XRP is the third-largest cryptocurrency, which has a market cap of more than $184 billion. It hit an all-time high (ATH) of $3.84 on Jan. 4, 2018, and if Martinez's prediction comes true, the asset will hit a new ATH of $3.90.

On Aug. 15, lawyer James Filan shared that the SEC reminded the court that the stipulation of the joint appeal filed by the SEC and Ripple to dismiss their appeals is still pending.

#XRPCommunity #SECGov v. #Ripple #XRP The @SECgov has filed a status report with the Court of Appeals noting that the parties have filed a Joint Stipulation of Dismissal of the appeals and that the stipulation remains pending and therefore awaiting approval by the Court. pic.twitter.com/X74wFRhswq
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) August 15, 2025

XRP was trading at $3.09 at press time. The crypto asset needs to surge 25% to reach Martinez's price target of $3.90.

2.94K

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.