XRP News Today: XRP Breakout Sees Bull Flag Pattern Signal Potential Surge to $20–$30

Ripple’s XRP has drawn significant attention after STEPH IS CRYPTO highlighted a potential bull flag pattern on the 3-day OKX chart, suggesting a powerful continuation rally could be on the horizon [1]. The technical formation, identified via a sharp vertical move forming the “flagpole” followed by a descending consolidation channel between early 2025 and midyear, has set the stage for a possible breakout. Analysts suggest that if the pattern completes, XRP could see a price surge into the $20–$30 range [1].

The breakout is already visible on the chart, with XRP pushing above the consolidation channel and testing resistance between $3.00–$3.30 [1]. This movement has been supported by a noticeable spike in trading volume, indicating real liquidity is behind the move rather than a low-volume anomaly [1]. Market observers view this as a key confirmation that buyers are actively defending the breakout zone [1].

Currently, XRP is trading around $2.90, having held within the $3 range over the past six weeks [1]. The $3.00–$3.33 level is now considered a critical pivot point. Sustaining a move above this range would strengthen the bull flag’s validity and support the case for a sustained rally [1]. Conversely, a breakdown below $2.80 would invalidate the pattern and likely shift sentiment back toward consolidation or correction [1].

If the bull flag pattern completes, the traditional technical projection—adding the height of the flagpole to the breakout point—would already suggest a target well above the current price [1]. STEPH IS CRYPTO’s analysis, however, goes further, projecting that under favorable conditions—such as strong institutional inflows and broader crypto market adoption—XRP could enter a parabolic phase extending into the $20–$30 range [1]. While $28 is an ambitious target, it represents a high-case scenario of extended market momentum.

The immediate test for XRP is whether it can maintain close above $3.30 with strong follow-through volume [1]. Success in this area would likely open the door to a move into the $5–$7 zone in the medium term, with double-digit levels possible if the momentum continues. On the flip side, a failure to hold above key levels would likely lead to a return to lower support areas around $2.80 or even $2.20 [1].

Other technical commentators have also noted that once XRP breaks above mid-single-digit resistance, there is relatively little historical overhead supply until much higher price levels, giving the asset room to climb rapidly in favorable conditions [1]. This makes the current setup particularly bullish for XRP, especially if the broader crypto market remains supportive.

Financial expert Levi Rietveld has also weighed in on XRP’s price behavior, aligning with the broader technical perspective that the asset is in a favorable position to capitalize on positive momentum [2]. The current environment appears to support a bullish bias, especially if XRP manages to hold above key support levels.

The XRP price is currently trading around $2.78, just above the middle Bollinger Band, signaling mild bullish strength but also indicating that the market remains in a consolidation phase [3]. Analysts are closely watching for a breakout from the current range, which could signal a larger rally ahead [3]. However, caution is warranted, as overbought conditions in the broader altcoin market could lead to a 5–10% pullback, especially if macroeconomic headwinds persist [4].

XRP’s potential move to $28 remains speculative and contingent on the asset maintaining control above key technical levels [1]. If the bull flag pattern completes, the price could see a sharp upward move. However, a breakdown below $3.00 could signal renewed bearish momentum and a potential pullback in the near term [1].

Source: [1] XRP to $28? Analyst Spots Bull Flag With Massive Breakout Potential (https://timestabloid.com/xrp-to-28-analyst-spots-bull-flag-with-massive-breakout-potential/)

[2] XRP Is All Set for a Mega Pump. Here Are Technical Indicators (https://timestabloid.com/xrp-is-all-set-for-a-mega-pump-here-are-technical-indicators/)

[3] Top 10 Cryptos To Invest In August 2025 [By Market Cap] (https://coindcx.com/blog/crypto-highlights/top-10-cryptos-2025/)

[4] Altcoin Surge Alert: Could These Hidden Gems Hit 2847 Gains in 72 Hours (https://www.interactivecrypto.com/altcoin-surge-alert-could-these-hidden-gems-hit-2847-gains-in-72-hours)