XRP Price Prediction: Analysts Find Bull Flag Pattern, XRP Could Break $1,400?

Jakarta, Pintu News – According to Coingape (25/3), long-term technical analysis on the Ripple XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply- price chart shows a very bullish pattern, which could push the price of this altcoin up to $1,452.81.

The “bull flag” pattern that has been forming for several years is considered a continuation signal signaling upward momentum. This comes as market participants begin to reassess the role of Ripple (XRP) in the broader digital asset landscape.

XRP Price could Reach $1,452, Analysts Find Broken Bull Flag Pattern

An analyst by the name of “Steph is Crypto” shared a long-term chart showing a bullish outlook for XRP price via the X platform.

Read also: Ethereum Holds Strong at $2,000 — Is a Massive Breakout to $3,000 Just Around the Corner?

Based on this analysis, the Ripple token appears to be breaking out of a multi-year bull flag pattern that has been forming since 2018. In technical analysis, formations like this are often considered to signal the continuation of an uptrend after a period of consolidation.

The breakout from the downward channel is considered a change in the price structure. Steph estimates that the price of XRP could potentially soar to $1,452.81 in the next few years. This projection is based on the length of the “flagpole” calculated from the breakout point.

Furthermore, the chart shared by “Steph is Crypto” also indicates that XRP may be entering a new phase of movement after years of consolidation.

In delivering his highly optimistic prediction for Ripple’s price, Steph said:

“I don’t even want to give this #XRP a price target! You guys are clearly not bullish enough yet.”

On the other hand, a recent report also speculated that Michael Saylor might diversify MicroStrategy’s portfolio by allocating $21 billion from Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- to XRP.

Analysts believe that such a move could trigger a parabolic surge in the price of XRP, potentially even approaching the $1,000 mark.

Additional Technical Breakout Occurs Around $2.48

In his latest update video, the “Steph is Crypto” analyst highlighted the presence of a second technical breakout.

Read also: Top 4 Altcoin Crypto for April 2025

This time, a descending wedge pattern was identified – a pattern that is often associated with trend reversals. The price of XRP appears to have broken through the resistance line of the pattern and is trading around $2.48.

Based on the chart shared, this move could be an entry point for traders. The projected price target of this wedge pattern breakout is $3.36, which means there is a potential upside of about 37.98% from the current level.

Not only that, another analyst named Dark Defender also shared his bullish views on the crypto market. He predicts that the major altcoin could surge up to $77.7 in the current bull market cycle.

This projection is based on the analysis of exponential Fibonacci levels as well as the Elliott Wave theory, which suggests a potential rally in several phases.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Analyst Predicts XRP Price Could Surge Above $1400 as Bull Flag Breaks. Accessed on March 26, 2025