XRP’s Classic Pattern Hints at Price Rally to as High as $15
The post XRP’s Classic Pattern Hints at Price Rally to as High as $15 appeared on BitcoinEthereumNews.com.
Key takeaways: XRP (XRP) price was up 3% in the past 24 hours, and 17% higher than its Sept. 1 low of $2.69, to trade above $3 on Thursday. Market analysts said this positions XRP for further gains backed by several fundamental and technical factors. XRP price technical analysis puts $5-$15 in play XRP price action has painted bull flag patterns on the weekly time frame that could result in a massive breakout to as high as $15. The first is a smaller one that formed in mid-June and was resolved earlier this week when the price broke above the flag’s upper boundary at $3. Related: Ripple vs. SEC: How the lawsuit strengthened XRP’s narrative The measured target for this pattern, the flag’s height added to the breakout point, is $5.80, up 46% from the current level. XRP/USD weekly chart. Source: Cointelegraph/TradingView “On the daily chart, XRP is forming a bull flag — a continuation pattern that often signals the next leg higher,” said analyst Crypto Pulse, noting the emergence of the pattern in late August, adding: “$XRP could be gearing up for its next big breakout toward $5+.” The second is a bigger bull flag pattern that has been forming since November 2024, projecting an even higher target for the altcoin. XRP confirmed the breakout in July in a rally that pushed the price toward nine-year highs above $3.66. With the pattern still in play, XRP price could continue its uptrend toward the measured target of $15.80, up 408% from the current levels. Analyzing a fractal from a previous setup, analyst Egrag Crypto said that a megaphone pattern on the five-day chart targeted $7. “Based on the fractal formation analysis, it suggests that by mid-November, #XRP could be around $6 to $7!” XRP/USD five-day chart. Source: Egrag Crypto REX-Osprey ETF…
Filed under: News - @ September 19, 2025 4:29 am