Crypto analyst Ali Martinez has outlined key technical levels for XRP and Cardano (ADA), painting a split short-term picture. Martinez says XRP has formed a symmetrical triangle on the hourly chart and identifies $1.54 as the decisive trigger. A close above that level could confirm an upside breakout and produce a move of roughly 10% toward $1.70.
Cardano’s setup appears more fragile. Martinez noted that ADA futures open interest has fallen 9% over the past week, from $1.99 billion to $1.81 billion, suggesting traders are reducing leveraged exposure. He also highlighted that whales have sold about 90 million ADA since September 20, worth roughly $22.5 million. On the daily chart, ADA dropped approximately 10% after a Tom DeMark Sequential sell signal appeared on September 26. Within its parallel channel structure, $0.24 is now critical mid-band support. A break below that level could open a decline toward the lower boundary near $0.21, while holding $0.21 could set up a bullish signal and a return toward the upper boundary around $0.28.
Meanwhile, a separate speculative forecast from Perplexity AI has drawn attention to XRP by projecting a potential price of $25–$40 by January 1, 2027, with a stretch target of $50 or more. The scenario assumes a powerful late-2026 bull market in which major central banks adopt the XRP Ledger as a primary settlement layer for cross-border CBDCs and tokenized assets, large banks are required to hold XRP, and sovereign wealth funds accumulate. XRP was trading around $1.49–$1.53 as of September 30, 2026. On higher timeframes, XRP has reclaimed key moving averages after mid-September lows near $1.25–$1.30 and is consolidating between roughly $1.45 and $1.55. A standard bull-market breakout above $1.70–$2.00 could bring the prior cycle high near $3.65 back into focus, while the ultra-bullish institutional adoption case would require extreme volume and momentum expansion. Near-term support remains at $1.40–$1.45 and $1.30.
This is not investment advice.
