XRP Bullish Flag: Expert Spots Consolidation Phase Before the Next BIG Move

Edward Farina, the CEO of Alpha Lions Academy, recently posted a chart on X illustrating what he referred to as a “bullish flag” pattern for XRP. The tweet, accompanied by an image of a historical XRP chart, included the caption: “$XRP BULLSIH FLAG! Consolidation phase before the next BIG move!” The chart image, which appears to be from 2021, showcases a dramatic upward movement in XRP’s price —commonly known as the “flagpole”—followed by a descending consolidation phase bounded by two parallel trendlines. This structure is often identified as a bullish flag in technical analysis, a pattern that usually indicates the potential for continued upward momentum following a brief corrective period. $XRP BULLSIH FLAG! Consolidation phase before the next BIG move! pic.twitter.com/XoUApfCeg2 — EDO FARINA 🅧 XRP (@edward_farina) May 1, 2025 Farina’s post was direct in its interpretation. It says that the current positioning of the price within this pattern could signify an impending surge. His “bullish flag” suggests optimism in the price action and hints at expectations for a breakout above the consolidation channel. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Community Adds Technical Context Other users on the X platform contributed their observations in response to Farina’s post. A user identified as Nexus Token elaborated on the nature of the bullish flag pattern using recent price action: “In the past week, XRP shot up from about $1.85 to $2.30. Then it consolidated in a $2.10–$2.30 range, sloping slightly down. Volume dropped during this pullback. That setup fits a classic ‘bull flag’: sharp pole, then a flag-shaped consolidation.” This explanation aligns with textbook definitions of the pattern, where a steep initial rise is followed by a tight, downward-sloping range and a decrease in trading volume. The implication is that a breakout from this consolidation could initiate another significant upward movement, contingent on volume and price action confirmation. Pattern Referenced from 2021 Cycle What Farina shared depicts the XRP price behavior around late 2020 to mid-2021. During that period, XRP experienced a major rally followed by several corrective phases. While this historical reference may not reflect the exact current market dynamics, it appears that Farina used the past chart to suggest a similar structural behavior could be occurring again. Using historical patterns to draw inferences about future price movements is a common practice in technical analysis. In this case, Farina’s tweet does not explicitly claim that current XRP price action is forming the same pattern, but the implication is that the past setup may offer a model for interpreting the present market. 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 X , Facebook , Telegram , and Google News The post XRP Bullish Flag: Expert Spots Consolidation Phase Before the Next BIG Move appeared first on Times Tabloid .

Source: TimesTabloid