Analyst Ali Martinez Predicts XRP Price to Soar to $2.70: Ripple Network Activity Up 70%!
Jakarta, Pintu News – A top crypto market analyst predicts that the price of XRP is set to surge up to $2.70, in line with the overall market recovery in recent days.
Analyst Ali Martinez foresees a very positive outlook for the Ripple-backed token, as a chart pattern indicating a bullish trend fuels optimism.
Interestingly, XRP’s network activity also surged by almost 70%, with the number of active addresses reaching over 40,000 last Saturday.
XRP Price Aims for $2.70; Analyst Predictions Echo with Market Optimism
In his latest post on X, analyst Ali Martinez revealed that the price of XRP appears to be forming an inverse head and shoulders pattern. This pattern usually signals a potential trend reversal from a downtrend to an uptrend.
Read also: Circle (USDC) Launches Global Payment Network, Ready to Rival Visa and Mastercard?
Martinez predicts that XRP has a chance to break the upper limit and reach $2.70, supported by bullish market dynamics.
However, on April 22, 2025, the price of XRP actually fell by slightly more than 1% and closed at $2.08, which triggered some counter speculation.
Although the recent price movements of XRP have been quite volatile amidst broader market trends, reputable crypto analysts are still giving very optimistic predictions. Not long ago, CoinGape reported that the price of the Ripple coin could potentially surge up to $3.75 based on another bullish chart formation according to another market analyst.
One of the analysts known as ‘Dark Defender’ also highlighted the breakout of key resistances as well as a strengthening RSI indicator, which further adds confidence to XRP’s long-term price outlook.
Ripple Network Activity Surges, Boosting Market Optimism
In addition, a surge in Ripple’s network activity also reinforced market optimism for the US blockchain-based payment company’s native coin. XRP network activity increased by 67.50% on April 22, with the number of active addresses breaking the 40,000 mark.
Analyst Ali in a different post on the X platform revealed that XRP active addresses rose from 27,352 to 40,366, highlighting the significant spike. This data further shifted the market sentiment in a bullish direction for XRP price, reflecting the increased interaction between users and Ripple’s blockchain technology.
Read also: ARK Invest Makes Bold Move – 3iQ’s Solana Staking ETF Now Catching Wall Street’s Eye!
What does it mean? Traders and investors are now closely monitoring the coin’s price movements to anticipate a change in trend.
Meanwhile, a Ripple price prediction released by Pintu News recently also mentioned that a big spike is likely to happen soon, based on the Wyckoff pattern.
That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.
Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.
Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coingape. Analyst Predicts XRP Price Rally To $2.70 Looms As Ripple Network Activity Jumps 70% Accessed on April 23, 2025
