XRP is back in focus among traders after analyst Ali Charts identified a long-term technical setup that could, if confirmed, point toward a much higher price. The analyst argues that XRP has been forming a massive ascending triangle on the monthly chart for nearly a decade, with $3.66 representing the critical resistance level.
The $60 target is naturally attracting attention because it would represent an enormous move from current prices. XRP was trading around $1.40 on September 5, meaning the token would need to rise more than 40 times to reach that level.
However, the prediction is not being presented as a near-term price forecast. It is a technical target that depends on XRP first breaking a major resistance zone. The distinction matters because chart patterns can identify potential outcomes, but they cannot guarantee that a market will follow the projected path.
XRP’s $3.66 level also has historical significance. Market data places XRP’s previous all-time high around $3.65-$3.66, reached in July 2025. That makes the level more than a line drawn on a chart; it represents the previous peak that buyers would need to overcome to establish a new record.
Why $3.66 Matters for XRP
An ascending triangle generally consists of a relatively flat resistance area combined with rising lows. The pattern suggests that buyers are repeatedly stepping in at increasingly higher prices while sellers continue defending the same resistance zone.
In XRP’s case, Ali Charts argues that the formation has developed across an unusually long timeframe. A monthly close above $3.66 would therefore be more significant than a brief intraday move above the level because it would provide stronger confirmation that XRP has escaped the pattern’s upper boundary.
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If that breakout occurs, the analyst’s technical measurement points toward approximately $60. Such a move would require a dramatic change in XRP’s market valuation and would likely involve sustained demand rather than a single speculative surge.
There is also a psychological component to the $3.66 resistance. XRP has already demonstrated that it can approach this area, but breaking an established record can require substantially more buying pressure than simply recovering from a correction.
For XRP holders, the most important takeaway is therefore not to treat $60 as a guaranteed destination. The more immediate question is whether XRP can establish itself above its previous all-time high and turn $3.66 from resistance into support.
What Would XRP Need to Reach $60?
A successful breakout would still be only the beginning of the potential move. XRP would need to maintain momentum through successive resistance levels while attracting sufficient liquidity and demand to support a substantially larger market valuation.
The size of the proposed target also deserves caution. A move from roughly $1.40 to $60 would be extraordinary, and the cryptocurrency market has repeatedly shown that large technical targets can take years to develop—or fail entirely. Current market data shows XRP remains well below its 2025 peak, reinforcing how much work would be required before the $60 scenario becomes relevant.
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That does not make the chart irrelevant. Long-term technical structures can help investors identify important levels and understand why certain prices attract disproportionate buying or selling activity.
For the XRP community, $3.66 is consequently the level worth watching before focusing on much larger numbers. A confirmed monthly close above that resistance would give Ali Charts’ bullish thesis substantially more weight, while another rejection could leave XRP trading within its established range.
The $60 prediction is ambitious, but the underlying message is simpler: XRP’s next major technical test is its previous record high. Until that barrier is convincingly broken, the $60 target remains a long-term technical possibility rather than an established price destination.
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