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XRP, the world’s third-largest cryptocurrency, may be preparing for a big breakout. The price is now trading around $3.13, just shy of its recent peak. Well-known crypto analyst Ali Chart predicts XRP could soar to $12.60, based on patterns seen in its past performance.
Let’s dive in!
XRP Price Eying $12.60
According to crypto analyst Ali Chart, XRP is now trading in a zone that has been a strong support in the past. He recently shared a one-week XRP chart showing that traders are keeping a close eye on this level.
In November 2024, XRP broke out of a multi-year triangle pattern, a move that signals a major shift in market direction, not just a quick price jump. Such a breakout from a long-term pattern often sets the stage for a powerful rally.
Multi-year triangle breakout in Nov 2024 put $XRP bullish target at $12.60. pic.twitter.com/ckjswAfPiv
— Ali (@ali_charts) August 12, 2025
For XRP, th
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