A well-known digital currency analyst has identified a ‘cup and handle’ pattern in the Ripple (XRP) chart, predicting that the price of this currency could reach $3.35. Ali Martinez, a prominent analyst, believes that if XRP can break through the handle resistance of this pattern, the next price target will be $3.35. Currently, XRP is trading at $2.60, with a critical resistance level between $2.70 to $2.80. Reaching $3.35 shows a 28.8% increase in price. Another analyst named XRP MAN also believes that this currency is in the fourth stage of market dominance out of five stages. He has pointed to future events such as the altcoin season, Ripple’s potential collaboration with major banks, and the possible approval of an XRP-based ETF, advising investors to hold onto their Ripples.
