XRP News Today: XRP Breaks Flag Pattern Whale Accumulation Spur $15 Price Target

XRP has demonstrated significant bullish momentum, driven by a technical breakout from a flag pattern and a surge in whale accumulation. Analysts highlight the potential for a rapid price rally toward $15, based on measured technical projections. XRP is currently trading at $3.19, with market participants closely watching for confirmation of a breakout above key resistance levels [1].

According to analysis by BarkMeta, the XRP/USDT chart has formed a flagpole structure followed by a consolidation phase, culminating in a breakout above $3.65. Fibonacci retracement levels suggest critical support zones at $2.67066 and $2.42493, with deeper support near $1.61092. The measured move from the flagpole structure projects a target of $15.35, a level that analysts view as a potential destination if momentum holds [1].

Whale activity has also contributed to the positive sentiment. Large investors have accumulated 50 million XRP in recent days, signaling growing confidence in the asset. This accumulation occurs in the wake of Ripple and the U.S. SEC filing a joint motion to dismiss appeals, effectively concluding the multi-year legal battle. Ripple CLO Stuart Alderoty called the settlement "The end," eliminating a major source of uncertainty for XRP holders [1].

On-chain data from Coinglass reveals a surge in derivatives activity, with open interest increasing by 20% to $8.82 billion and options volume rising over 1,300%. Analysts suggest that sustained price action above $3.35 could accelerate momentum toward double-digit price territory [1].

Ali Charts, another key market observer, has identified a bullish flag on the weekly chart, with an initial target of $11 after the breakout. If XRP maintains its current trajectory, it could extend this target even further, potentially reaching the $15 level [1].

In addition to technical factors, market fundamentals are aligning in favor of XRP. Whale accumulation has coincided with reduced exchange inflows, suggesting a shift in investor sentiment toward long-term positioning [3]. On August 9, XRP’s price surged 10% amid a 200% increase in futures volume to $12.4 billion within 24 hours. This volume surge has been interpreted as confirmation of a breakout from a bullish flag pattern, with some analysts forecasting a price target of $4.50 by September–October [4].

Technical indicators also point to a potential "W" bottom pattern, with XRP rebounding from a key support level at $3.05. If the price remains above the neckline near $3.40, it could reach $7 by mid-2026 [2]. More aggressive forecasts, including a $15 price target by the end of 2025, are contingent on continued bullish momentum and the holding of key resistance levels [2].

The regulatory settlement has also had a measurable impact on XRP’s market performance. The price reached $3.30 post-settlement, with the market cap climbing above $180 billion. Analysts suggest this trend could be further reinforced by a potential spot ETF approval, which may enhance institutional interest and drive XRP’s value higher [9].

Despite short-term volatility, XRP’s technical and on-chain fundamentals remain robust. The flag pattern and whale accumulation indicate that a significant price move could be imminent, particularly if the token breaks above the $3.40–$3.41 threshold [3]. Such a development could validate the $4.50 and even the $15 price targets, as suggested by multiple traders and analysts [4][6].

Source:

[1] XRP Price Targets $15 After Bullish Flag Breakout and Strong Whale Accumulation (https://cryptofrontnews.com/xrp-price-targets-15-after-bullish-flag-break/)

[2] XRP Will XRP Go Lower? — A Trader's Perspective (https://www.binance.com/en/square/post/28125865592258)

[3] XRP Breakout Nears: All Eyes on the Crucial $3.41 Threshold (https://cryptorank.io/news/feed/38e48-xrp-breakout-nears-all-eyes-on-the-crucial-3-41-threshold)

[4] XRP Price Jumps 10% as Futures Volume Surges 200% (https://www.binance.com/en/square/post/08-09-2025-xrp-news-xrp-price-jumps-10-as-futures-volume-surges-200-after-ripple-sec-case-ends-bull-flag-points-to-4-50-target-28081894829113)

[9] XRP News Today: Ripple SEC Settlement Drives 12% XRP Price Surge (https://www.ainvest.com/news/xrp-news-today-ripple-sec-settlement-drives-12-xrp-price-surge-institutional-confidence-2508/)