The post XRP Price Prediction: Analyst Sees XRP Bullish Flag Breakout Fueling Rally Beyond $10 appeared on BitcoinEthereumNews.com.

XRP’s bullish momentum is reigniting as technical and on-chain signals point toward an ambitious $11 target, with analysts eyeing a historic breakout in the coming months. The cryptocurrency has regained upward traction after a sluggish start to August, fueled by renewed investor confidence, a bullish derivatives market, and the resolution of Ripple’s long-standing SEC lawsuit. With strong support levels in place, market watchers believe XRP could be primed for a run into double-digit territory for the first time ever. Bullish Flag Breakout Sparks $11 Target After a slow start to August, the price of XRP has rebounded sharply, climbing 10% over the past week to trade at $3.27. This recovery follows a strong rally across the broader crypto market, with Bitcoin edging toward a new all-time high above $122,000 and Ethereum surpassing $4,300 for the first time since 2021. XRP is aiming for $11 following a confirmed bullish flag breakout on the weekly chart. Source: Ali Martinez via X Crypto analyst Ali Martinez has drawn attention to a bullish flag breakout on XRP’s weekly chart—a pattern often associated with the continuation of an uptrend after consolidation. The setup formed between late 2024 and mid-2025, following XRP’s 580% surge from below $0.50 to $3.40. After 24 weeks of sideways movement, the breakout was confirmed near $2.25, just above the 0.786 Fibonacci retracement level. From there, XRP advanced toward $3.66 before pausing again. Martinez identifies two major upside targets using Fibonacci extension levels: $5.75 in the short-to-mid term and $11.20 as a long-term objective. The latter would give XRP a market cap exceeding $650 billion—placing it alongside global financial giants like Visa. On-Chain Metrics Reinforce Bullish Outlook Martinez also points to a bullish signal from XRP’s MVRV ratio, which has formed a “golden cross” by moving above its 200-day moving average. Historically,…

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Filed under: News - @ August 12, 2025 3:29 pm