A technical formation on XRP’s weekly chart has sparked renewed optimism among crypto analysts and long-term holders. According to crypto market commentator EGRAG Crypto, XRP is currently forming a classic bull flag pattern—a setup often associated with strong upward continuation if confirmed.
This analysis, published across two recent updates on X, presents a compelling case for a potential breakout. EGRAG believes that if the structure plays out as expected, XRP could target levels as high as $18 in the coming months, supported by both historical price behavior and chart geometry.
Technical Setup: The Flagpole and the Flag
The bull flag structure began taking shape in November 2024, when XRP launched a rally from $0.50 to $3.30 in a span of just eight weeks. The sharp climb, often referred to as the “flagpole,” was primarily fueled by a wave of post-election optimism in the U.S., as well as increased liquidity across crypto markets.
Since reaching that local peak in January 2025, XRP has cooled off, entering a prolonged consolidation phase. Prices have hovered between $2.10 and $2.50, creating a downward-sloping flag that suggests the market is pausing before its next major leg up.
Also Read: XRP Traders Crushed as $952K Longs Liquidated in Brutal Price Reversal
Source: Egrag Crypto/X
Despite the drawdown, EGRAG interprets this sideways action not as weakness, but as structural consolidation—a hallmark of the bull flag pattern. Statistically, such patterns have a 67% to 70% chance of breaking upward, according to classic technical analysis metrics.
Price Forecast: $5.50 to $21.60 Range
In a follow-up report two days after his initial post, EGRAG detailed his measured move projections based on both logarithmic and linear charting methods.
- Logarithmic projection: $18.00
- Linear (non-log) projection: $5.50
- Average target: $11.75
To account for crypto market volatility, EGRAG introduced a 15–20% deviation buffer for each level:
| Method | Base Target | 15–20% Range |
| Logarithmic | $18.00 | $20.70 – $21.60 |
| Linear | $5.50 | $6.33 – $6.60 |
| Average | $11.75 | $13.51 – $14.10 |
These targets represent gains of 141% to 689% from XRP’s current price of $2.29, making them closely watched figures for traders seeking long-term entries.
Community Sentiment and External Validation
EGRAG’s projections aren’t occurring in a vacuum. Several other crypto analysts have also shared bullish long-term targets for XRP:
- Edoardo Farina, founder of Alpha Lions Academy, suggested in March that $20+ is just the beginning of XRP’s true valuation.
- Long-time XRP skeptic turned believer, Davinci Jeremie, echoed similar sentiments, hinting at a potential breakout beyond $20 this year.
- In April, analyst Papa Crypto used a Fibonacci extension to outline a bullish case for $14, aligning with JD’s technical perspective that the same level could act as a minimal breakout target.
While these targets are speculative, the convergence of technical patterns and growing community conviction lends credibility to the broader upside thesis.
Broader Market Context
XRP’s technical structure comes amid growing market anticipation for spot ETF approvals beyond Bitcoin and Ethereum. With financial giants exploring regulated altcoin exposure and Ripple expanding its global partnerships, XRP could be well-positioned to benefit from institutional inflows if market conditions stabilize.
In particular, Ripple’s focus on Asia-Pacific corridors and stablecoin integration plans is creating new narratives around XRP’s use case—factors that may amplify investor interest in the event of a breakout.
Conclusion
XRP’s bull flag on the weekly chart is setting the stage for what could be one of the most significant moves in its recent trading history. While EGRAG Crypto’s $18 target stands at the optimistic end of the spectrum, even the more conservative $5.50 projection would represent a strong recovery from current levels.
Investors and traders should watch for confirmation above $2.60, a breakout level that may validate the bull flag and attract renewed volume. Until then, XRP remains in a critical consolidation phase, awaiting a catalyst that could define its direction for the remainder of 2025.
Also Read: XRP ETF Approval Odds Hit 84% as SEC Launches Official Review Process for WisdomTree Application
