Top Analyst Updates XRP Bull Flag, Sets 2-Digit Average Price Target

XRP continues to capture the attention of traders and analysts alike, with one of the most followed technical analysts in the crypto space, EGRAG Crypto, providing an updated and nuanced take on its bullish setup. In a recent post shared on X, EGRAG Crypto unveiled a refined interpretation of XRP’s bull flag formation, offering a set of price targets calculated using multiple analytical approaches. His insights shed light on how XRP’s long-term potential could unfold, especially as the asset navigates both technical patterns and the liquidity dynamics unique to the cryptocurrency market. Fine-Tuning the Bull Flag Formation According to EGRAG Crypto , the bull flag pattern currently forming on XRP’s chart has been slightly adjusted to more precisely align with the present bullish conditions. The bull flag is a classic technical pattern that often appears after a sharp upward move, followed by a period of sideways or slightly downward consolidation, which creates the “flag” portion. Once the asset breaks out of this consolidation, the measured move — or the distance the price is expected to travel post-breakout — can be estimated using several methods. #XRP – Bull Flag (Updated Version): Note : I’ve slightly adjusted the flag formation to perfectly match the current bullish setup and to estimate the measured move using different approaches. Logarithmic For long-term breakouts , I prefer using logarithmic charts ,… https://t.co/tf5SIoeekV pic.twitter.com/fhqweuOknf — EGRAG CRYPTO (@egragcrypto) May 28, 2025 EGRAG emphasizes the importance of using a logarithmic chart when analyzing crypto assets over the long term. Unlike linear charts, which show price movements in absolute terms, logarithmic charts account for percentage changes, making them particularly useful in markets like crypto, where exponential growth is common. For significant formations like XRP’s bull flag, the log approach can offer a more accurate reflection of breakout potential. Multiple Analytical Approaches In his updated breakdown, EGRAG applies three distinct methods to project XRP’s price target from the bull flag: the logarithmic (log) approach, the non-logarithmic (linear) approach, and an averaged estimate that balances the two. According to his findings, the logarithmic method points toward a breakout target of approximately $18 , while the linear (non-log) method produces a more conservative estimate of around $5.50. By averaging these two, EGRAG sets his preferred crypto target at $11.75, noting that this balanced figure accounts for liquidity variables unique to the cryptocurrency market, factors not as pronounced in traditional stock markets. Recognizing the unpredictable nature of crypto, EGRAG also applies a variability range of 15–20% to his targets. This means that, depending on liquidity conditions and market reactions, the average $11.75 target could extend upwards to around $13.51–$14.10 or, using the highest estimate, push the $18 projection up toward $20.70–$21.60. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Liquidity and Market Factors Matter EGRAG is careful to remind followers that crypto markets, compared to legacy financial markets, still operate with significantly smaller liquidity pools. This factor can amplify both gains and pullbacks, meaning price targets are not rigid markers but dynamic zones where variability is to be expected. While the measured moves provide a directional guide, real-world price action often stretches beyond or falls short of textbook targets, making flexibility and risk management crucial for traders. Currently, XRP’s price action is showing resilience, backed by bullish long-term formations and a community eager for the next big breakout . However, as always in crypto, the path to higher prices will not be a straight line. Corrections, volatility, and sudden market shifts can all emerge, particularly as broader market narratives evolve around Bitcoin, Ethereum, and macroeconomic forces. EGRAG Crypto’s updated analysis offers a detailed and thoughtful projection for XRP, framing the bull flag not just as a technical curiosity but as a potential roadmap for price evolution. With an average target of $11.75 , supported by both logarithmic and linear models, XRP holders and market watchers have a reference point as they navigate the coming months. As with all technical setups, success hinges not just on pattern recognition but also on the interplay of market sentiment, liquidity, and external catalysts. For now, though, XRP stands positioned within one of its most compelling bullish formations — and if EGRAG’s calculations prove accurate, a significant rally may well be on the horizon. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Top Analyst Updates XRP Bull Flag, Sets 2-Digit Average Price Target appeared first on Times Tabloid .

Source: TimesTabloid