TimesTabloid
2026-01-07 07:26:35

XRP Bullish Flag Updated: Analyst Sets Breakout Price Target

XRP experienced a broad range of movement in 2025. However, a closer look at the asset’s chart reveals a long-term structure that has confined its movement. ChartNerd (@ChartNerdTA), a well-known cryptocurrency analyst, recently revealed a rectangular bullish flag on XRP’s weekly chart with a potential double-digit target. ChartNerd’s post showed how XRP transitioned from a powerful flagpole in late 2024 into a prolonged consolidation. This phase has lasted for 13 months , and the chart suggests that this accumulation will continue. However, it shows XRP at a crucial stage in this technical pattern. $XRP Bullish Flag (Updated) https://t.co/LMoJPWP03a pic.twitter.com/KOI319VvBc — ChartNerd (@ChartNerdTA) January 5, 2026 How the Bull Flag Is Defined The bullish flag on ChartNerd’s chart begins with a steep impulse move. That vertical expansion established trend dominance. XRP then entered a rectangular consolidation zone. Price oscillated between clearly marked resistance above and support below. Buyers defended the lower boundary multiple times as sellers failed to push the asset’s price below the support level. Each reaction remained contained. That behavior reinforces the validity of the flag. The chart now shows XRP on its way back up. It spent the final few weeks of 2025 at around the support level, but recent candles show a bounce and an upward turn. The asset is now building momentum, and sustaining that move could help it retest and overcome the resistance at the top of the bullish flag. Key Levels Controlling the Price The chart highlights two critical horizontal levels. Vertical accumulation support sits near $1.80. XRP repeatedly tested that zone and held. Vertical accumulation resistance sits near the asset’s all-time high of $3.65 , which it tested in July 2025. However, sellers capped the price there during consolidation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 These levels define the structure. A decisive move above resistance would invalidate the range and confirm the breakout. ChartNerd’s projected breakout path extends sharply once that level breaks. The target shown on the chart reaches $23.72. That projection derives from the measured move of the initial flagpole applied to the breakout point. The breakout path appears steep. That reflects the nature of continuation patterns. Once compression resolves, the price often expands quickly. XRP remains inside the accumulation range, keeping the bullish flag intact. Buyers continue to defend the support, and the asset’s price now presses upward from the lower boundary. This positioning increases pressure as it heads toward resistance. 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 advised to conduct thorough 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 Updated: Analyst Sets Breakout Price Target appeared first on Times Tabloid .

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