Top analyst Ali shared positive news about Ripple’s XRP on X (formerly Twitter). He thinks the price could reach $4 soon, based on a pattern he spotted in the price charts. The pattern, called a bullish flag, typically means prices are heading up.
What you'll learn 👉
XRP Chart Analysis: Bullish Flag Pattern Signals Breakout
Looking at Ali’s chart, we can see the price of XRP went through two phases: first a sharp rise, then a period where prices moved sideways or slightly down. This sideways movement is pretty common – it’s like the market taking a breather before making another move up.
The interesting part is that XRP’s price has now broken above $3.27, pushing through the top of this pattern. Analysts look for these kinds of breakouts as signs that the previous upward trend is ready to continue.
This level, previously a resistance point, now serves as a potential support. The chart also suggests that the breakout aligns with the measured move of the flagpole, projecting a potential target of $4.
XRP Support and Resistance Levels in Focus
Key support and resistance zones further reinforce the bullish outlook. Support levels are evident around $3.00 and $3.15, where XRP’s price repeatedly bounced during the consolidation phase. The next big milestone to watch is $4.00. Based on how these patterns usually play out, that’s where Ali thinks XRP is headed.
Moreover, there seems to be strong buying interest in XRP, which you can see from how it pushed above that $3.27 mark. The overall trend is pointing up, suggesting buyers are in control.
Market Outlook for XRP
If XRP’s price keeps this momentum going, we could see a new growth phase. Traders are keeping a close watch on that $3.27 level – as long as the price stays above it, the path to $4 looks promising. With all the activity in crypto lately, many people are watching to see what XRP does next.
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