XRP Explodes 3.7% as Breakout Puts $1.60 Target Back in Sight

TL;DR

• XRP rose 3.7% on the day and trades at $1.39, while its trading volume surged 153% to $2.7 billion.
• Analyst Ali Martinez notes that a sustained close above $1.38 would confirm the descending triangle breakout and open the path toward $1.60.
• Futures volume grew 93.36% in 24 hours: XRP options surged 240% following their launch in the U.S.

XRP recorded one of its most pronounced daily candles since August 23, 2026, according to CoinGecko data. Ripple’s token trades at $1.39 after a 3.7% gain on the day, with volume jumping 153% to approximately $2.7 billion, according to CoinMarketCap. The weekly variation is more modest, just 0.25%, but the intraday price action is drawing market attention.

XRP: Broken Triangle

Technical analyst Ali Martinez posted on social media that XRP appears to be breaking out of a descending triangle pattern. According to his reading, a sustained close above $1.38 would confirm the breakout and enable an extension of the move toward the triangle’s apex, located at $1.60.

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