🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
Analyst: Huge XRP Breakout Incoming. Here’s the Signal
@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5"]{width:320px;height:100px;} } @media only screen and (min-width: 728px) and (min-height: 0px) { div[id^="wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5"]{width:728px;height:90px;} }
XRP is once again in the spotlight as its price action tightens into a formation that often precedes sharp directional moves. After a strong advance earlier this month, the token has settled into a narrow trading corridor, creating the kind of suspense that traders interpret as a prelude to decisive momentum.
Current Price Landscape
Over the past several sessions, XRP has fluctuated between approximately $2.70 and $3.10, stabilizing after its surge from the lower $2 range. Daily ranges have narrowed and trading volumes have tapered, a combination that frequently signals consolidation rather than weakness
This controlled pullback reflects a healthy market structure and sets the stage for a potential continuation of the prior uptrend.
Steph Highlights a Bull Flag
In a detailed post on X, Steph identified a textbook bull flag pattern on the XRP chart. The setup features a steep upward rally—the flagpole—followed by a disciplined, downward-sloping channel of price action—the flag itself
Unlike a neutral wedge, a bull flag is widely viewed as a bullish continuation pattern, indicating that the market is pausing before resuming its upward trajectory. Steph’s analysis points to a clear breakout level at the upper boundary of this channel, where confirmation would signal renewed upside momentum.
Technical and Fundamental Alignment
For the bull flag to validate, XRP must record a decisive daily close above the flag’s upper trendline, accompanied by a marked increase in trading volume. Broader crypto sentiment remains mixed, yet on-chain data and ongoing XRP Ledger activity indicate persistent demand beneath the surface
If buying pressure strengthens, the pattern’s measured target—calculated by adding the length of the flagpole to the breakout point—suggests significant potential for price appreciation.
Trading Considerations and Risk Management
Professional traders emphasize confirmation before entering positions. To confirm a genuine breakout, it’s essential to see above-average volume backing the move. Conversely, a sustained drop below key support near $2.60 would invalidate the pattern and could open the door to deeper retracements
Prudent strategies include sizing positions according to risk tolerance and setting stop-loss orders just beneath the lower flag boundary to guard against unexpected reversals.
Outlook
Steph Is Crypto’s bull-flag analysis reframes XRP’s recent sideways movement as a constructive pause rather than indecision. The coming sessions will determine whether the token transforms this setup into a lasting rally. Until a breakout is confirmed, the market remains in a watch-and-wait phase, but the technical groundwork for a major move is clearly in place.
Disclaimer***:*** This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.