TimesTabloid
2025-08-25 12:12:56

XRP’s Double Bull Flags Emerge. Here’s the Significance

Steph Is Crypto (@Steph_iscrypto), a prominent analyst on X, published a weekly chart of XRP that demands close attention. The post displays a prolonged corrective channel that resolved upward, forming the first bull flag. The pattern was followed by a more compact weekly consolidation resembling another bull flag . The analyst’s presentation emphasizes the weekly timeframe and frames the recent price action as continuation-oriented rather than the start of a sustained reversal. #XRP Bull Flag after Bull Flag! pic.twitter.com/NlOvVFLA4N — STEPH IS CRYPTO (@Steph_iscrypto) August 23, 2025 XRP’s Bull Flags On the chart, the asset’s price action shows an extended corrective channel that contained volatility for several months before a decisive weekly close above the channel’s upper boundary. That breakout represents the first confirmation point. The subsequent pattern is a smaller bull flag that is angled slightly downward while maintaining higher lows relative to the breakout level. It began forming immediately after XRP hit a new all-time high of $3.65 in July. Immediate technical support is visible near the $2.4 area on the chart with the small flag’s lower trendline and intraday lows clustered slightly above that level. Short-term resistance is defined by the small flag’s upper trendline and recent swing highs near the $3.4 mark. The consolidation has kept the asset’s price contained between those levels on the weekly timeframe. XRP Targets and Risk Management If the pattern unfolds as a textbook continuation, a measured move projection derived from the flagpole indicates material upside potential. Applying the flag-measure technique to the visible move into the original consolidation produces a target that could reach above $5. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 That projection should be treated as conditional. It assumes the consolidation resolves to the upside on a weekly close with follow-through on higher timeframe volume. Traders should monitor the $2.4 support and the small flag’s lower trendline. A decisive weekly break below those levels would undermine the bullish case and shift the focus to risk control. Additionally, macro liquidity conditions and broader market sentiment remain relevant and can affect the pattern’s outcome. External catalysts, such as the recent conclusion of Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC), could significantly alter XRP’s trajectory as the sentiment of market participants shifts. The chart presents a favorable technical setup for continuation, but the pattern’s implications depend on confirmation and disciplined risk management. 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 advised to conduct thorough 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. Follow us on X , Facebook , Telegram , and Google News The post XRP’s Double Bull Flags Emerge. Here’s the Significance appeared first on Times Tabloid .

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约