XRP News Today: XRP Poised for 350% Surge as Bull Flag Pattern Emerges

XRP is on the brink of a significant breakout, according to crypto analyst STEPH IS CRYPTO. In a recent post, the analyst highlighted a clear bull flag pattern forming on XRP’s chart, an indicator historically associated with explosive upward moves. This setup mirrors the pattern that triggered XRP’s major rally in late 2024. If history repeats itself, XRP could be headed for a surge to at least $10.

STEPH IS CRYPTO points to a descending wedge structure embedded within a larger bull flag, which has been unfolding since late 2024. This combination is considered a powerful bullish continuation signal. A descending wedge typically signals the end of a consolidation phase, with prices primed to break out to the upside. In this case, the wedge forms part of the flagpole consolidation, setting the stage for a major upward move once the breakout occurs.

The current formation is remarkably similar to XRP’s late 2024 setup, which preceded a rapid and substantial rally. This repetition of pattern and structure is fueling speculation that XRP is about to repeat its explosive move, potentially with even greater momentum.

At the time of writing, XRP is trading at $2.22. While this represents a strong position compared to earlier lows in 2024, STEPH IS CRYPTO’s chart suggests the asset could rally over 350% if the bull flag plays out fully. His $10 target is derived from a classic technical analysis method: measuring the length of the initial flagpole and projecting it upward from the breakout point. Such a move would not only mark a significant milestone for XRP but also reaffirm its position as one of the leading altcoins in the current cycle. The convergence of price compression, rising momentum, and historical precedence makes this pattern particularly compelling for traders and investors alike.

Beyond the chart, macro developments are lending further weight to the bullish thesis. The potential resolution of Ripple’s long-running legal battle with the U.S. Securities and Exchange Commission has restored confidence in XRP’s regulatory clarity. Meanwhile, institutional demand is growing, particularly following the inclusion of XRP in the Grayscale Digital Large Cap ETF, giving U.S. investors regulated exposure to the asset. XRP’s role in Asia, especially in Japan, where it is increasingly woven into the financial infrastructure, also contributes to long-term utility and demand. With Ripple continuing to expand its payment corridors and real-world integrations, the fundamentals are beginning to match the optimism on the charts.

All signs suggest XRP is preparing for a breakout that could send its price to new multi-year highs. If STEPH IS CRYPTO’s analysis proves accurate, the bull flag forming since late 2024 may soon catapult XRP to $10 or higher. With price currently at $2.22 and volatility tightening, the breakout, if confirmed, could unfold quickly and dramatically, marking the beginning of XRP’s next major rally.