$60 Target If Resistance Breaks

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Ahmed Barakat

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Ahmed Barakat

Part of the Team Since

Mar 2024

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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.


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CryptoNews Editorial Team

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Sep 2018

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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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XRP price is sitting well inside a range that’s frustrated bulls for weeks, even though the whole market is in a bullish prediction environment. A $60 target sounds absurd at that price point, until you see the chart behind the claim. There’s a specific number standing between here and there, and it’s not the one most traders are watching.

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Analyst Ali Martinez laid out the case on a monthly chart, pointing to a decade-old ascending triangle with its upper boundary at $3.66.

“For nearly a decade, XRP has been forming a massive ascending triangle on the monthly chart,” Martinez wrote, adding that a monthly close above that level, not just a wick through it, would confirm the breakout and unlock a technical target near $60. At the current supply, that price implies a market cap near $3.76 trillion.

Context matters here. XRP just absorbed a 1 billion token escrow unlock worth roughly $1.38 billion, and the market has spent the last 48 hours oscillating between $1.39 and $1.43 rather than trending. That’s the backdrop against which any $60 conversation has to be judged.

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XRP Price Prediction: Hit $3.66 Resistance This Week?

Short answer: not likely within days, but the setup is worth tracking. XRP is consolidating just above its 24-hour floor near $1.39–$1.40, with immediate resistance at $1.43 and a secondary ceiling at $1.48 based on the 7-day range.

Volume and momentum data suggest the token is coiling rather than breaking, with 7-day performance running +1.9% to +4.5% depending on the feed.

  • The bull case: XRP reclaims $1.48, builds a base, and starts the long grind toward $3.66 over multiple quarters, the monthly close Martinez needs for triangle confirmation.
  • The base case: continued range-bound trading between $1.35 and $1.48 while the market digests unlock supply and waits for a catalyst, potentially tied to regulatory clarity progress.
  • The bear case: a break below the $1.35 demand zone flagged by analyst Ali Charts, which would invalidate the near-term bullish structure.
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None of these moves the needle toward $60 without patience measured in years, not weeks.

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Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

A 4,100% move from current levels isn’t impossible over a decade, but it’s not a trade. It’s a thesis requiring years of confirmation candles. Traders looking for asymmetric upside without waiting for a monthly close in 2030 are increasingly rotating into earlier-stage infrastructure plays instead.

That’s the pitch behind Bitcoin Hyper ($HYPER), a Bitcoin Layer 2 integrating the Solana Virtual Machine, the first project claiming to run smart contracts on Bitcoin’s base layer faster than Solana’s own mainnet.

The presale has raised $33 million at a current token price of $0.0136858, with a huge 35% staking rewards on offer only for early buyers. Its architecture pairs low-latency L2 processing with a decentralized canonical bridge for native BTC transfers, targeting Bitcoin’s long-standing programmability gap without sacrificing base-layer security.

Research Bitcoin Hyper directly before the funding window closes.

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