XRP Could Rally 53% if This Key Level is Held, Crypto Analyst Says: 'Everything Comes Down To...'

Leading cryptocurrency analyst Ali Martinez shared their insights on XRP on Monday, highlighting crucial price levels that could dictate the sixth-largest cryptocurrency’s moves.XRP Readies for Big BattleIn an X post, Martinez identified $1.06 as the decisive pivot for XRP, citing data from the Unspent Transaction Output Realized Price Distribution chart.This indicator identifies the precise price levels at which existing coin supplies were last transacted or acquired on-chain.Martinez suggested that if XRP can maintain a value above $1.06, bulls might push the price to $1.35 and $1.64, representing an upside potential of 26%-53%. However, if it falls below this level, the cryptocurrency could plummet to $0.80 or even $0.62.Everything comes down to $1.06 for .• Hold it, and bulls can target $1.35 and $1.64.• Lose it, and the path opens toward $0.80 and potentially $0.62. Technicals Paint a Bearish PictureThe Moving Average Convergence Divergence indicator, which compares the 12-period and the 26-period exponential moving averages, flashed a "Sell" signal for XRP,  to TradingView.The Bull Bear Power indicator, which measures the strength of buyers and sellers, also screamed a “Sell.” The Relative Strength Index hovered just below the neutral center line, meaning a balance between buying and selling pressure. Read Also: XRP’s Rise Tied to Fed Policy?Macro strategist Rebecca Walser recently suggested that if the Federal Reserve eases policy due to mounting U.S. debt costs.She warned that higher bond yields and economic uncertainty could pressure risk assets before a broader shift towards blockchain-based finance gains momentum.Meanwhile, Ripple infrastructure to the XRP Ledger. The payments-based company announced strategic investments in ZILO and Licuido—two firms building infrastructure for tokenized funds and institutional asset trading.Price Action: At the time of writing, XRP was exchanging hands at $1.07, up 0.71% over the last 24 hours, according to data from Benzinga Pro. The cryptocurrency has fallen by over 5% in the last month. Read Also: Image via Shutterstock