{"id":672414,"date":"2025-01-09T00:00:37","date_gmt":"2025-01-09T00:00:37","guid":{"rendered":"https:\/\/uniquehot.com\/?p=672414"},"modified":"2025-01-08T11:06:21","modified_gmt":"2025-01-08T11:06:21","slug":"xrp-price-eyes-bullish-flag","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-eyes-bullish-flag\/","title":{"rendered":"XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board"},"content":{"rendered":"

Despite recent declines and volatility, a crypto analyst has declared that <\/span>the XRP price<\/span><\/a> is on the cusp of breaking out of a bullish flag pattern. According to the analyst, a <\/span>successful breakout of this bullish flag<\/span><\/a> could result in a massive 50% price gain for XRP, bringing the cryptocurrency closer to its previous all-time high of $3.84, recorded during the 2021 bull run.\u00a0\u00a0\u00a0<\/span><\/p>\n

XRP Price Targets $3.6 After Bullish Flag Breakout<\/h2>\n

Over the past few weeks, the XRP price has <\/span>formed a bullish flag pattern<\/span><\/a>, indicating a potential for continued upward movement. According to crypto analyst Captain Faibik\u2019s<\/span> shared<\/span><\/a> chart on X (formerly Twitter), XRP is preparing to break out of this bullish flag on the daily time frame chart.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

A bullish flag is widely recognized as a <\/span>continuation pattern<\/span><\/a>. It forms when a cryptocurrency\u2019s price is trading sideways or undergoing a correction and indicates the potential for a strong upward movement.\u00a0<\/span><\/p>\n

On the analyst\u2019s chart, XRP is testing the upper boundary of the bullish flag pattern, <\/span>aiming to break above it<\/span><\/a> and trigger its next price rally. Captain Faibik has predicted that if XRP successfully breaks out of this bullish flag and maintains a price above it, it could spark an impressive 50.22% rally.\u00a0<\/span><\/p>\n

Currently trading at $2.2, If XRP can rally as much as 50% following its bullish flag breakout, its market price could jump significantly to $3.3. This projected target is just 16.36% away from breaching XRP\u2019s $3.84 ATH, achieved during the previous bull run in 2021.\u00a0<\/span><\/p>\n

Further solidifying his confidence in <\/span>XRP\u2019s future price trajectory<\/span><\/a>, Captain Faibik\u2019s recent prediction doubles down on former projections in earlier X posts, where the analyst <\/span>forecasts a massive price increase<\/span><\/a> to $3.66 for XRP.\u00a0<\/span><\/p>\n

Elliott Waves To Push XRP Above $20<\/h2>\n

In another X post, a prominent crypto analyst identified as the \u201cCryptoBull\u201d<\/span> predicted<\/span><\/a> that the XRP price could soar above $20 later in this bull cycle. However, the analyst also projects that the cryptocurrency could reach a <\/span>short-term target<\/span><\/a> of $13 within the next few weeks.\u00a0\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

CryptoBull has based his optimistic XRP price projections on <\/span>Elliott impulse waves<\/span><\/a>, highlighting their impact on the cryptocurrency\u2019s historical price movements. The analyst disclosed that Elliott impulse waves typically begin after a cryptocurrency experiences a significant <\/span>price breakout<\/span><\/a>.\u00a0<\/span><\/p>\n

He further explained that in 2017, the five waves of the Elliott impulse wave cycle had triggered a price surge from $0.002 to $3.84, representing a staggering 70,000% increase. Based on this historical trend, CryptoBull projects that XRP could witness a similar bull rally. He forecasts that the five Elliott impulse waves could spark a 6,000% increase in the XRP price during this bull cycle, pushing it to new ATHs of $26.\u00a0<\/span><\/p>\n

\"XRP
Price struggles at $2.3 | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Despite recent declines and volatility, a crypto analyst has declared that the XRP price is on the cusp of breaking out of a bullish flag pattern. According to the analyst, a successful breakout of this bullish flag could result in a massive 50% price gain for XRP, bringing the cryptocurrency closer to its previous all-time high of $3.84, recorded during the 2021 bull run.\u00a0\u00a0\u00a0 XRP Price Targets $3.6 After Bullish Flag Breakout Over the past few weeks, the XRP price has formed a bullish flag pattern, indicating a potential for continued upward movement. According to crypto analyst Captain Faibik\u2019s shared chart on X (formerly Twitter), XRP is preparing to break out of this bullish flag on the daily time frame chart.\u00a0 Related Reading: Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December A bullish flag is widely recognized as a continuation pattern. It forms when a cryptocurrency\u2019s price is trading sideways or undergoing a correction and indicates the potential for a strong upward movement.\u00a0 On the analyst\u2019s chart, XRP is testing the upper boundary of the bullish flag pattern, aiming to break above it and trigger its next price rally. Captain Faibik has predicted that if XRP successfully breaks out of this bullish flag and maintains a price above it, it could spark an impressive 50.22% rally.\u00a0 Currently trading at $2.2, If XRP can rally as much as 50% following its bullish flag breakout, its market price could jump significantly to $3.3. This projected target is just 16.36% away from breaching XRP\u2019s $3.84 ATH, achieved during the previous bull run in 2021.\u00a0 Further solidifying his confidence in XRP\u2019s future price trajectory, Captain Faibik\u2019s recent prediction doubles down on former projections in earlier X posts, where the analyst forecasts a massive price increase to $3.66 for XRP.\u00a0 Elliott Waves To Push XRP Above $20 In another X post, a prominent crypto analyst identified as the \u201cCryptoBull\u201d predicted that the XRP price could soar above $20 later in this bull cycle. However, the analyst also projects that the cryptocurrency could reach a short-term target of $13 within the next few weeks.\u00a0\u00a0 Related Reading: Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market CryptoBull has based his optimistic XRP price projections on Elliott impulse waves, highlighting their impact on the cryptocurrency\u2019s historical price movements. The analyst disclosed that Elliott impulse waves typically begin after a cryptocurrency experiences a significant price breakout.\u00a0 He further explained that in 2017, the five waves of the Elliott impulse wave cycle had triggered a price surge from $0.002 to $3.84, representing a staggering 70,000% increase. Based on this historical trend, CryptoBull projects that XRP could witness a similar bull rally. He forecasts that the five Elliott impulse waves could spark a 6,000% increase in the XRP price during this bull cycle, pushing it to new ATHs of $26.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":639427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-672414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board<\/title>\n<meta name=\"description\" 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board","url":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-eyes-bullish-flag\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-eyes-bullish-flag\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/XRP-Strong.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/XRP-Strong.jpg?fit=1792%2C1024"},"articleSection":"XRP","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrpusd","xrpusdt"],"dateCreated":"2025-01-09T00:00:37Z","datePublished":"2025-01-09T00:00:37Z","dateModified":"2025-01-09T00:00:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-eyes-bullish-flag\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-price-eyes-bullish-flag\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-Strong.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-Strong.jpg?fit=1792%2C1024\"},\"articleSection\":\"XRP\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2025-01-09T00:00:37Z\",\"datePublished\":\"2025-01-09T00:00:37Z\",\"dateModified\":\"2025-01-09T00:00:37Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/XRP-Strong.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/672414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=672414"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/672414\/revisions"}],"predecessor-version":[{"id":672463,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/672414\/revisions\/672463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/639427"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=672414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=672414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=672414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}