TLDR
- XRP has formed two distinct bull flag patterns on the weekly chart.
- The first flag emerged after a breakout from a prolonged corrective channel.
- The second flag shows a tighter consolidation with higher lows near the $2.4 support area.
- Resistance remains near the $3.4 level, aligning with recent swing highs.
- A confirmed breakout above the flag could project XRP’s price beyond the $5 mark.
XRP recently formed two bullish flags on the weekly chart, indicating a continuation pattern rather than a reversal. The setup includes a breakout from a large corrective channel and a second, smaller flag showing consolidation. Analysts now monitor key support and resistance levels that may decide the asset’s next move.
XRP Bull Flag Signals Uptrend Continuation
XRP’s first bull flag followed a multi-month corrective channel with declining volatility and constrained price movement. After a decisive weekly close above the channel’s upper boundary, the breakout marked a key confirmation point. The breakout also initiated a more substantial momentum shift on the weekly timeframe.
The structure developed into a textbook bull flag, with price action suggesting trend continuation rather than exhaustion. The analyst @Steph_iscrypto emphasized this breakout as a pivotal technical event. “It’s a continuation, not a reversal,” the post noted, reinforcing bullish sentiment.
#XRP Bull Flag after Bull Flag! 🚀 pic.twitter.com/NlOvVFLA4N
— STEPH IS CRYPTO (@Steph_iscrypto) August 23, 2025
XRP’s move higher after breaking out confirmed strength, especially as it maintained higher lows above the channel resistance. Volume also supported the move, adding weight to the signal. The bullish case, however, depends on sustained price action above this former resistance.
Compact Weekly Consolidation Forms Second Bull Flag
XRP then entered a compact consolidation phase, forming a second flag angled slightly downward. This smaller flag shows higher lows and stable structure above $2.4, which serves as immediate technical support. Swing lows and trendline structure cluster near that level, reinforcing its importance.
Resistance sits near $3.4, where recent highs align with the flag’s upper trendline. The weekly chart shows that prices have stayed between these two levels. This tight range signals consolidation ahead of a potential breakout continuation.
A measured move from the previous leg suggests XRP could surpass $5 if the flag resolves upward. However, this requires a weekly close above resistance with follow-through volume. Without that, the bullish outlook weakens, especially if price breaks below $2.4.
Pattern Confirmation Depends on Support, Volume, and Sentiment
If XRP breaks the lower trendline on the weekly close, traders may shift focus to downside risk. Macro conditions, including liquidity and market sentiment, also influence this technical setup. Broader participation must support the move to hold.
The recent conclusion of Ripple’s case with the SEC may act as a catalyst. This legal outcome could boost sentiment and attract new buyers. However, price confirmation remains essential for bullish projections.
