XRP Price Prediction: Analyst Sees XRP Bullish Flag Breakout Fueling Rally Beyond $10

XRP’s bullish momentum is reigniting as technical and on-chain signals point toward an ambitious $11 target, with analysts eyeing a historic breakout in the coming months.

The cryptocurrency has regained upward traction after a sluggish start to August, fueled by renewed investor confidence, a bullish derivatives market, and the resolution of Ripple’s long-standing SEC lawsuit. With strong support levels in place, market watchers believe XRP could be primed for a run into double-digit territory for the first time ever.

Bullish Flag Breakout Sparks $11 Target

After a slow start to August, the price of XRP has rebounded sharply, climbing 10% over the past week to trade at $3.27. This recovery follows a strong rally across the broader crypto market, with Bitcoin edging toward a new all-time high above $122,000 and Ethereum surpassing $4,300 for the first time since 2021.

XRP is aiming for $11 following a confirmed bullish flag breakout on the weekly chart. Source: Ali Martinez via X

Crypto analyst Ali Martinez has drawn attention to a bullish flag breakout on XRP’s weekly chart—a pattern often associated with the continuation of an uptrend after consolidation. The setup formed between late 2024 and mid-2025, following XRP’s 580% surge from below $0.50 to $3.40. After 24 weeks of sideways movement, the breakout was confirmed near $2.25, just above the 0.786 Fibonacci retracement level.

From there, XRP advanced toward $3.66 before pausing again. Martinez identifies two major upside targets using Fibonacci extension levels: $5.75 in the short-to-mid term and $11.20 as a long-term objective. The latter would give XRP a market cap exceeding $650 billion—placing it alongside global financial giants like Visa.

On-Chain Metrics Reinforce Bullish Outlook

Martinez also points to a bullish signal from XRP’s MVRV ratio, which has formed a “golden cross” by moving above its 200-day moving average. Historically, this indicator has preceded significant rallies, including a 630% surge and a smaller 54% rise.

XRP’s MVRV ratio has flashed a golden cross, a signal that previously preceded gains of 630% and 54%. Source: Ali Martinez via X

If the smaller historical rally repeats, XRP could hit around $5. A move of similar scale to the larger surge could propel the XRP price toward $24, potentially valuing the network on par with companies like Tesla.

XRP Derivatives Market Shows Strong Interest

Beyond chart patterns, XRP’s futures market is showing clear signs of renewed investor interest. According to CoinGlass, open interest (OI) in XRP futures has climbed to $8.5 billion—up 17% from $7.05 billion recorded on August 3. At the same time, weighted funding rates have risen from 0.0004% to 0.0108%, suggesting more traders are entering long positions.

XRP Futures Open Interest (USD) chart. Source: CoinGlass

Trading volume has also increased to $12.64 billion, underscoring growing market participation. These developments come after Ripple Labs and the U.S. Securities and Exchange Commission (SEC) filed a joint motion to dismiss appeals, bringing an end to their five-year legal battle. Ripple agreed to pay $50 million from the $125 million held in escrow as part of the settlement.

Key Support and Resistance Levels to Watch

Technically, XRP is currently consolidating between $3.00 support and $3.40 resistance. The Money Flow Index (MFI) has recovered above 40, indicating that capital is flowing back into the asset. A sustained break above $3.40 could pave the way for a retest of the $3.66 high reached on July 18.

XRP remains bullish, with the blue moving average above the red, a 38.2% Fibonacci retracement reached, and strong support confirmed on the weekly chart. Source: AlphaTauriTrading on TradingView

Should XRP fall below $3.00, moving averages at $2.88 (50-day EMA), $2.66 (100-day EMA), and $2.39 (200-day EMA) could serve as critical support zones.

Long-Term Price Forecasts Show Higher Ambitions

While Martinez’s XRP price prediction 2025 points to $11, other analysts are even more optimistic. Carl Moon foresees a potential 10x gain if Ethereum’s price surpasses $20,000—implying XRP could trade above $30. Another market watcher, Dustin Layton, predicts a staggering $50 per coin by December 2025.

XRP was holding above the $3.15 support at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

With the XRP lawsuit resolved, sentiment among investors has improved significantly. For the first time in nearly eight years, XRP appears well-positioned not only to challenge its $3.66 all-time high but also to aim for uncharted double-digit territory.