XRP Long-Term Price Target Set at $31.87, Pending $3.66 Resistance Break
Trader Ali Martinez identifies a potential XRP price target of $31.87 based on a monthly ascending triangle pattern.
Trader Ali Martinez identifies a potential XRP price target of $31.87 based on a monthly ascending triangle pattern. XRP (XRP) is trading at $1.42, down 0.7% since this brief published. This is an original TLT brief synthesising 2 outlets (The Crypto Basic, DailyCoin), plus live market data, as of Wed, 07 Oct 2026 23:30:03 UTC.
- XRP forms a long-term ascending triangle pattern on monthly charts.
- Key resistance at $3.66 must be broken for the $31.87 target to become viable.
- Current XRP price is $1.43, down 5.82% in the last 24 hours.
Both The Crypto Basic and DailyCoin report Martinez's analysis of XRP's long-term ascending triangle pattern and the $3.66 resistance level, though DailyCoin emphasizes skepticism without disputing the technical analysis.
Veteran crypto trader Ali Martinez has identified a potential long-term price target of $31.87 for 
XRP based on a monthly ascending triangle pattern. According to Martinez, this projection depends on XRP first breaking and maintaining a close above the key resistance level of $3.66. The ascending triangle, characterized by a series of higher lows and a flat upper trendline, suggests a bullish continuation pattern if the resistance is overcome.
The analysis, reported by both The Crypto Basic and DailyCoin, indicates that the $3.66 level is crucial for the larger bullish scenario to unfold. Martinez's analysis focuses on the monthly chart, suggesting a long-term outlook rather than a short-term trade. The $31.87 target is derived from the measured move of the ascending triangle pattern, which is calculated by taking the height of the triangle and adding it to the breakout point.
While The Crypto Basic presents the analysis as a straightforward technical outlook, DailyCoin includes a note of skepticism, quoting Martinez as expressing frustration with XRP's performance. This suggests potential underlying concerns about the asset's ability to sustain upward momentum despite the bullish technical setup.
XRP's current price is $1.43, representing a 5.82% decline over the past 24 hours and a 6.50% drop over the last week. This price action occurs against the backdrop of a broader market downturn, with the total crypto market cap at $2.89 trillion and 
Bitcoin down 3.70% in the same period. The overall market sentiment, as measured by the Fear & Greed Index, remains in 'Greed' territory at 71, indicating a cautious optimism despite the recent pullback.
The significance of Martinez's analysis lies in its long-term perspective and the potential for a significant price increase if the technical conditions are met. Traders and investors will be watching the $3.66 resistance level closely in the coming weeks and months. If XRP can break and hold above this level, it could signal the beginning of a larger bullish trend. However, the asset must first overcome the immediate downward pressure and regain bullish momentum.
Since this brief published about 17 hours ago, XRP (XRP) has moved from $1.43 to $1.42 — -0.70%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Over the past 24 hours XRP moved -5.3% while Bitcoin moved -2.5%. XRP has historically moved about 1.48× Bitcoin, implying roughly -3.8% today — so this is roughly what its usual link to Bitcoin would predict.
Beta computed by TLT from ~120 days of daily returns; context only, not advice.
Over the past 12 months, XRP (XRP) closed within 2.5% of today's $1.42 on 71 separate days. Here is what the price did afterwards on those days — a historical base rate, not a forecast:
Computed by TLT from 12 months of daily closing prices. A base rate describes the past distribution of outcomes from similar price levels — it does not predict the future and ignores the specific news in this story. Crypto is volatile and past performance is not indicative of future results. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,938.09 (about $1.42), down 5.3% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
XRP Long-Term Price Target Set at $31.87, Pending $3.66 Resi — questions & answers
How much is 1 XRP worth in naira today?
About ₦1,938.09 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.42. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.70% since this brief first published — trading at $1.42 now versus $1.43 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Crypto Basic, DailyCoin, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.