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XRP long-term pattern points to $8.50 after correction, analyst says

XRP is entering the final stage of a long-term triangle consolidation pattern, raising expectations of a sharp rise in the next bullish phase, an analyst said. Ali Martinez said XRP has traded within a 9-year ascending triangle on the monthly chart and could head to new highs if it breaks long-term resistance. He cited a macro support zone of $0.75 to $0.80 and a chart target of $8.50, while warning of possible further correction.