XRP Bullish Flag Updated: Analyst Sets Breakout Price Target
2026-01-07 16:35

XRP experienced a broad range of movement in 2025. However, a closer look at the asset’s chart reveals a long-term structure that has confined its movement. ChartNerd (@ChartNerdTA), a well-known cryptocurrency analyst, recently revealed a rectangular bullish flag on XRP’s weekly chart with a potential double-digit target. ChartNerd’s post showed how XRP transitioned from a powerful flagpole in late 2024 into a prolonged consolidation. This phase has lasted for 13 months , and the chart suggests that this accumulation will continue. However, it shows XRP at a crucial stage in this technical pattern. $XRP Bullish Flag (Updated) https://t.co/LMoJPWP03a pic.twitter.com/KOI319VvBc — ChartNerd (@ChartNerdTA) January 5, 2026 How the Bull Flag Is Defined The bullish flag on ChartNerd’s chart begins with a steep impulse move. That vertical expansion established trend dominance. XRP then entered a rectangular consolidation zone. Price oscillated between clearly marked resistance above and support below. Buyers defended the lower...
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