 
 
XRP is breaking out of a classic bull-flag pattern, a strong continuation indicator, fueled by strong volume, bullish technicals, and rising institutional inflows.
Calling out this development, TEKTONIC stated, XRP’s weekly chart is shaping a bullish flag, a consolidation after a strong rally, signaling high upside potential once the pattern resolves.
The market analyst added, “The key to watch is the breakout point near the upper boundary of the flag (around $2.48). A confirmed breakout above this level could open the door to a significant move higher, potentially targeting $3.50 or even beyond, based on the height of the previous rally.”
Therefore, XRP finds itself at a pivotal juncture because if the 3rd-largest cryptocurrency by market cap soars to the psychological price of $3.50, this heightens its chances of reclaiming its recent all-time high (ATH) price of $3.85.
Is XRP Witnessing a Momentum Shift?
According to market commentator Skif B, “On both 1D and 4H charts, XRP is forming a Reversed Head and Shoulders — a strong bullish sign following a test of the previous range and DCA zone.”
 
What does this mean? Well, XRP is forming an inverted head-and-shoulders pattern, a classic bullish reversal signal that hints at momentum shifting toward an upward breakout.
Therefore, Skif B believes that XRP might be eyeing a jump to the $3.4 zone with its present price standing at $3.10.
Source: https://zycrypto.com/xrp-bull-flag-fires-up-as-technical-breakout-targets-next-stop-to-all-time-high/