XRP News Today: XRP Breaks Six-Year Triangle, Eyes 115% Surge to $6.00

XRP has once again garnered significant attention, this time not merely due to speculative fluctuations. Veteran analyst Ali Martinez has highlighted that the token has broken out of a six-year symmetrical triangle, indicating a potential long-term shift in momentum. Currently trading at $2.73, down 3.18% over the last 24 hours, Ali believes the next major move hinges on a weekly close above $3.00. If this level is surpassed, XRP could be poised for a rapid surge to $6.00 and potentially beyond.

Ali’s weekly chart reveals one of the most compelling technical structures in the crypto space today. Since 2018, XRP has traded within a symmetrical triangle, consistently forming higher lows and lower highs, a classic setup for an eventual breakout. This breakout, which occurred earlier in 2025, confirms the end of a long accumulation phase. When you zoom out on XRP, it’s hard not to go all in. A weekly close above $3 could set the stage for a rally to $6 or even higher.

What makes this breakout significant is the sheer length of the consolidation. Multi-year structures like this often lead to powerful expansions, and Ali’s chart outlines key Fibonacci extension levels that point to future upside targets: $4.40, $5.89, $7.94, and if momentum continues, up to $26.23. While these targets are speculative, they reflect strong historical precedent in crypto price action following similar technical setups.

XRP’s bullish setup is not just about technicals. The fundamentals are rapidly evolving in favor of long-term growth. One of the most notable developments is Ripple’s application for a U.S. national banking charter under the name Ripple National Trust Bank, headquartered in New York. If approved, this would give Ripple the ability to offer federally regulated banking services, firmly integrating blockchain infrastructure with the traditional financial system.

At the same time, Ripple’s RLUSD stablecoin, launched in late 2024, is gaining momentum as a key liquidity tool within the XRP Ledger and RippleNet. Designed for compliance, speed, and seamless integration, RLUSD supports tokenization, cross-border settlements, and enterprise-grade DeFi operations. Its success is reinforcing XRP’s role as a bridge asset in global financial transactions.

Adding to the excitement is the rising speculation around a potential XRP spot ETF in the United States. Following the approvals of Bitcoin and Ethereum ETFs, XRP is now seen as a likely next candidate. Analysts suggest that if approved, an XRP ETF could unleash significant institutional demand, replicating the capital inflows witnessed during earlier ETF launches. This narrative is gaining traction amid broader institutional interest in real-world asset tokenization and blockchain-based financial infrastructure, areas where Ripple and the XRP Ledger are already deeply entrenched.

While XRP currently trades just below the $3.00 mark, the market is watching this level closely. A confirmed weekly close above it would not only validate Ali’s analysis but could also ignite a parabolic move toward $5.89 and beyond. On-chain data indicates strong accumulation near current levels, suggesting many investors are positioning for that breakout.

Ali’s message cuts through the noise: when you zoom out, XRP’s long-term trajectory becomes clear. With a confirmed breakout, maturing ecosystem, and expanding real-world use cases, XRP may be gearing up for its most significant rally yet. For seasoned investors and new entrants alike, the charts and fundamentals are aligning—and the window of opportunity may be narrowing.