- XRP is trading around $2.50–$2.53 with strong daily gains, as the broader crypto market turns bullish and attention shifts back to its long-discussed $6 target.
- Analyst Ali Martinez suggests XRP may first need a correction of about 24% down to the $1.90 support zone, which he views as the best accumulation area before a potential explosive rally.
- With ETF expectations, Ripple developments, and historical support at $1.90, the projected dip is being framed more as a buying opportunity than a trend reversal, keeping multi-year highs and the $6 level in play.
The broader crypto market has flipped back into green territory, with leading coins posting solid gains over the last day. XRP has joined that move in style, regaining momentum and pulling more attention from traders who’ve been waiting for a proper breakout. As bullish sentiment creeps back in, the conversation around XRP is shifting from “if” it can move higher to “how far” it can realistically go in this cycle.
At the center of this new wave of interest is a fresh analysis from popular crypto analyst Ali Martinez. While many are focused on XRP’s current push above $2, Ali is looking a bit further ahead, suggesting that the once-talked-about $6 target is still on the table in the near term. It’s not just moon talk either; his view is tied to a specific price structure, one that includes a sharp but healthy pullback along the way.
Right now, XRP is trading around the $2.50–$2.53 range and has logged roughly a 9%+ move over the last 24 hours. That kind of daily push, in a market already leaning bullish, naturally sets off a lot of excitement. But as always, big rallies tend to come with sharp dips, and Ali’s chart points to exactly where that dip might land.
Why $1.90 could be the “best” buy zone before a big push
According to Ali Martinez’s analysis, XRP might actually need to drop back down toward the $1.90 level to build the kind of support required for a powerful move up to $6. On his shared charts, the $1.90 region shows up as a critical demand zone – an area where buyers have historically stepped in aggressively and flipped the trend back in favor of the bulls.
From XRP’s current price around $2.50, a retest of $1.90 would represent roughly a 24% decline, which sounds painful at first glance. But in the context of a strong bull run, that kind of correction is not unusual at all. In fact, Ali frames it as a potential “best buying opportunity” rather than a sign of weakness. The idea is simple: let price cool off, shake out late longs and weak hands, then reload for a much larger move.
If the current bull market continues to stretch out over time, Ali expects XRP could temporarily slide back to this $1.90 area, consolidate there, and then resume what he believes could be one of the strongest rallies for XRP in this entire cycle. In other words, the dip isn’t the end of the story; it might be the chapter that sets up the real climax.
Support, resistance, and XRP’s path toward $6
From a broader technical perspective, the $1.90 level is shaping up as a major support zone, built on historical price action where buyers have consistently stepped in to catch falling candles. It’s the kind of level that traders mark on their charts and wait for with limit orders, even while social media panics over a red day.
On the upside, XRP’s recent push to the mid-$2 range, with price hovering around $2.53 at press time, keeps it well within striking distance of new multi-year highs if momentum continues. The analyst’s $6 target is not a straight-line forecast, though; it implies a path that includes both temporary cooling and renewed strength. The current move, combined with the potential dip to $1.90, forms a structure where higher lows and higher highs can still develop over the coming weeks or months.
If XRP does manage to respect $1.90 as a strong base and then push back up with volume, a run toward $6 would require sustained buying, positive sentiment, and likely one or two strong catalysts. But given how quickly crypto can move when the stars align, that kind of expansion isn’t out of the question in a strong bull environment.
ETF expectations, Ripple news, and growing optimism
Adding fuel to the fire, sentiment around the XRP ecosystem has picked up sharply. The ongoing price rally has lined up with growing expectations around a potential XRP ETF, as well as major developments coming out of Ripple itself. Even if some of the chatter leans speculative, the combination of real progress and narrative hype tends to pull more eyes — and more liquidity — into the asset.
In this context, Ali’s projected dip to $1.90 is not framed as a trend reversal but as an accumulation zone. The chart highlights that, historically, levels like this have acted as launchpads rather than graveyards for rallies. So, while some traders might view any sharp pullback as a reason to panic, the analysis suggests that smarter money could be treating it as a chance to scale in before the next leg up.
With XRP trading in the mid-$2 range, posting a strong daily gain, and sitting inside a market that’s broadly turning risk-on again, the setup is pretty clear. A 24% correction would hurt in the short term, but if it leads into a real attempt at the long-targeted $6 price zone, many will look back at $1.90 as the level they wish they hadn’t ignored. For now, XRP is walking that fine line between euphoria and patience — and the next big move might depend on how the market reacts if that dip actually comes.
