The post ProShares XRP ETF Tops 6M in Total Volumes As Price Targets $6 Next appeared on BitcoinEthereumNews.com.

XRP price trades at $3.19 today, July 26, 12% below the Monday high of $3.64. Because of this drop, a bull flag has appeared to suggest it is possible for the price to move higher by 82%, especially with big players jumping in. XRP Price Targets 82% Rally With Bull Flag XRP looks like it is taking a break from the month-long rally. The chart is beginning to shape up like a bull flag. It is the pattern that often shows up when the price is catching its breath before another push higher. The target of the bull flag is from the start point of the uptrend on June 27 to the end point of $3.66. This is an 86% increase that might happen from $3.66 to $6.82, and push the XRP price to its new high. However, the only way that this move to $6.82 is going to happen is if XRP can gain past the hurdle of $3.66. At this point is the resistance, whose breakout will confirm that the drop is a brief pause. Moving above this resistance point is possible considering the bullish news around XRP. The Stoch RSI is at 2.59, which is such a low level that indicates this coin is oversold. In most cases, it is a sign that recovery is around the corner, assuming that buyers start to step in. For example, on June 22, the XRP price started its 86% rally, now marked by the flag pole, when it fell to oversold regions. XRP/USDT: 1-day Chart (Source: TradingView) On the other hand, XRP has now pulled back to the lower Bollinger Band. This is acting as firm support at the moment, and if the price holds here, there is still a decent chance it will rebound. But if it breaks below,…

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Filed under: News - @ July 28, 2025 1:28 pm