Leading cryptocurrency analyst Ali Martinez anticipated on Monday a "decisive breakout" for XRP (CRYPTO: XRP) if the token successfully surpasses a key resistance level.
Where Is XRP Headed?
Martinez posted an animated video showing XRP's consolidation inside a symmetrical triangle on the hourly timeframe XRP has been consolidating around the $1.09–$1.11 range throughout July.
The video suggested that a breach of $1.13 could open the door for a potential rally toward $1.30.
"A decisive breakout above it could confirm the bullish breakout and open the door for further upside," Matinez added.
