Ali Martinez says XRP could fall to $1.25 before rebounding toward $1.60

Crypto market analyst Ali Martinez has identified a potential short-term decline for XRP, signaling that the digital asset may dip before mounting a significant recovery. Martinez, known for his technical analyses and broad following on social media, highlighted a trading pattern visible on XRP’s 1-hour chart that could set the stage for a notable rebound. Martinez pointed to $1.25 as a crucial support zone for XRP. Referring to the recent price action, he indicated that XRP is moving within a parallel channel and currently trades near $1.32.

Source: CoinTurk News