- XRP analysts predict bullish flag pattern could ignite surge past $10.
- Technical confluence signals major breakout as XRP nears key resistance.
- Experts see $1.90 dip sparking powerful upward momentum for XRP.
According to Ali Martinez, XRP may be setting up for what he calls a “dream scenario,” where the digital asset forms a bullish flag pattern that could propel prices beyond $10.
His recent chart analysis shows XRP consolidating within a defined range, suggesting that a short-term dip to around $1.90 could act as the catalyst for a major breakout. The projection has stirred excitement across the XRP community, as it hints at a significant bullish continuation after months of sideways movement.
Ali’s outlook reflects growing optimism that XRP is approaching a critical technical phase. His chart points to a structure that often precedes large upward movements in market cycles. If price momentum builds following a retracement, XRP could experience a surge mirroring previous strong rallies, marking one of the most notable bullish reversals in recent years.
Also Read: Pundit to XRP Community: ‘Ripple Has Been Engineering this System for Years,’ What it Means
Technical Analysts See Powerful Confluence for a Major Breakout
Complementing Ali’s analysis, another expert known as ChartNerd shared a broader technical view that supports the possibility of higher targets. His multi-year chart combines Fibonacci levels, Gaussian channels, and symmetrical triangle formations, all converging on a bullish trajectory.
ChartNerd’s targets extend from $8 to $27, suggesting that XRP may be on the verge of a large-scale price expansion once key resistance levels are broken.
The chart also highlights a successful retest of the three-month exponential moving average, a signal often associated with renewed market strength. This confluence between long-term and short-term indicators reinforces the belief that XRP could be entering a decisive phase where momentum shifts heavily in favor of buyers.
As XRP trades around the $2.55 mark, attention is focused on the $3.50 resistance area as a potential breakout point. A move beyond this threshold could trigger an acceleration toward the upper price targets projected by analysts. Consequently, the current consolidation pattern is being viewed as a potential launchpad for XRP’s next major rally, keeping traders alert for confirmation of the bullish scenario that could send the token past $10.
Also Read: Stellar’s XLM Faces Prolonged Compression as Analyst Sees Major Breakout Potential
