#XRP price “bull flag” targets $15
The XRP/USD pair is expected to resume its prevailing bullish momentum despite the pullback from recent highs, as the chart shows a classic technical pattern in the making.

XRP’s price action between Nov. 5, 2024, and Jan. 6, 2025, has led to the formation of a bull flag pattern on the daily chart, as shown in the figure below. A daily candlestick close above the flag’s upper boundary at $2.41 would signal the start of a massive upward breakout.

The target is set by the flagpole’s height, which comes to be around $15, an approximately 520% uptick from the current price.

Other bullish indicators that can be observed on the chart are the immediate support provided by the 50-day simple moving average at $2.10 and the relative strength index resetting just above the 50 mark.

Several analysts have also predicted a $15 XRP price target by 2025, citing market sentiment toward XRP’s adoption and partnership growth, fueled by a crypto-friendly Trump administration. 

Using Fibonacci levels and Elliott Wave theory, popular crypto analyst Egrag Crypto shared an optimistic prediction, saying that XRP price can hit $15 by May 5, 2025.