The XRP community might be one of the strongest in crypto, but even die-hard supporters will admit the last couple of weeks have been a grind. Price has mostly chopped between $2.80 and $3.00, failing to build momentum in either direction. That stalemate is exactly why analyst Ali Martinez is waving a yellow flag: on his 4-hour chart, $2.74 sticks out as the line the bulls must defend.
What you'll learn 👉
What Ali’s chart is showing
Zooming in on the 4H Binance perpetuals chart, XRP has been carving out lower highs beneath a firm descending trendline while repeatedly testing a flat support around $2.74. That combination (falling tops + flat floor) is classic descending-triangle behavior—neutral while inside the pattern, but often bearish if the floor gives way.
Overlayed Fibonacci levels tell the same story. Every bounce has struggled at nearby retracement bands:
- The 0.786 Fib sits right around $2.82–$2.83 and has capped intraday rallies.
- Above that, the 0.618 (~$2.93), 0.50 (~$3.01), and 0.382 (~$3.07) retracements layer a tight ceiling under the downtrend line.
- A more distant resistance band waits near $3.18–$3.20 (0.236 Fib).
Martinez maps a dotted path that first allows for a brief pop into the $2.88–$2.92 area (kiss of the trendline / 0.786–0.618 Fibs), but if sellers fade that move and price rolls back over through $2.74, the breakdown cascade comes into play.
$XRP must hold $2.74 support! Lose it, and $2.35 could be next. pic.twitter.com/J4HTyV9gWM
— Ali (@ali_charts) September 3, 2025
The danger zone below $2.74
If $2.74 fails on convincing volume, his roadmap points to a sequence of measured supports:
- ~$2.69 (Fib 1.00 expansion)
- ~$2.56–$2.54 (Fib 1.272)
- ~$2.46 (Fib 1.414)
- And, in a deeper flush, ~$2.35 (Fib 1.618).
It’s less about calling the exact cent and more about recognizing the structure: once the triangle’s base cracks, liquidity often thins out and price can staircase through extension levels faster than expected.
Read also: XRP vs ETH: Chart Patterns Hint at a Major Shift Coming Soon
How bulls can invalidate the warning
There is a bull case, but it requires work. XRP would need to:
- Hold $2.74 on dips and reclaim $2.82–$2.83 with a solid 4H close,
- Break and retest the descending trendline (roughly $2.90–$2.95), and
- Push through $3.00–$3.07 to flip the short-term market structure back to higher highs.
Do that, and the bearish triangle loses its bite; the focus shifts back to $3.18+.
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