XRP Just Broke Out of a Bullish Flag, Analyst Sets 2-Digit Price Target

Technical analyst Ali has shared a chart-based projection for XRP, indicating a significant breakout from a long-term bullish flag pattern. According to the chart posted on social media, the XRP/USDT perpetual contract on Binance shows that the digital asset has moved decisively beyond the upper trendline of the consolidation structure. Ali states that XRP “has broken out of a bullish flag,” adding that the weekly chart reveals a larger upward trajectory with a price objective of $15. The technical setup illustrated in the chart spans several months, beginning from October 2024 through July 2025. The pattern is defined by converging trendlines, forming what is commonly described as a flag structure following a sharp upward price movement. In the current weekly candle, XRP is shown breaking above this resistance level with a substantial bullish candlestick. At the time the chart was published, the asset was trading at $3.50, confirming the breakout according to Ali’s interpretation. $XRP has broken out of a bullish flag, setting its sights on $15! Zoom out on the weekly chart and you’ll spot it. pic.twitter.com/DXVp6G18os — Ali (@ali_charts) July 22, 2025 Short-Term Momentum and Longer-Term Target Ali’s projection of a $15 price target implies a considerable increase from current levels. Based on market data from CoinMarketCap , XRP is currently priced at $3.52. The digital asset has gained approximately 21 percent over the past seven days and has increased by 74 percent over the past month. Reaching the $15 target from its current value would represent a price increase of around 326 percent. The weekly chart attached to the tweet visually supports the idea that the current move is the beginning of a larger rally. The chart includes price levels extending up to $15, with the breakout illustrated as the start of a projected steep climb. This forecast relies on the continuation of the trend following the breakout and assumes that market conditions and momentum will sustain the upward movement. Historical Context and Technical Basis The flag pattern shown in the chart reflects a period of consolidation that followed a significant upward price movement seen in late 2024. After reaching a local high around October 2024, the price formed lower highs and higher lows, creating a converging range. Throughout the consolidation period extending into mid-2025, XRP traded within this tightening structure, suggesting decreasing volatility and volume. The breakout in July 2025 marked the end of this phase and, according to the analysis, initiated the next upward leg of the trend. Ali’s technical interpretation rests on traditional chart pattern analysis, where a flag breakout often signals continuation of the prior trend. The steep vertical line projected from the breakout point to $15 visualizes the analyst’s price target. The validity of this pattern depends on follow-through in price action and broader market support. Market Implications The projected move to $15 places XRP in a significantly higher valuation range. Given current market dynamics, a sustained rise to that level would likely require increasing volume, investor participation, and possibly positive regulatory or institutional developments . The breakout is currently supported by a strong weekly performance, but the extent to which this momentum can be maintained remains to be observed. At this stage, the chart presented by Ali is a visual representation of a specific technical outlook. As of now, XRP continues to trade around the $3.50 mark, with attention turning toward whether it can sustain this breakout and progress toward the projected level. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post XRP Just Broke Out of a Bullish Flag, Analyst Sets 2-Digit Price Target appeared first on Times Tabloid .

Source: TimesTabloid