XRP is once again commanding attention as it flashes a powerful bullish signal on the 4-hour chart. Prominent analyst XRPunkie pointed out that XRP is “peeking out of the bull flag”—a classic continuation pattern often seen just before a major upward move. At the time of writing, XRP is trading at $2.83, marking a significant push higher after a brief period of consolidation. Bull Flag Breakout Suggests a Strong Continuation The bull flag is one of the most reliable chart patterns in technical analysis. It forms when an asset rallies sharply, then enters a downward-sloping consolidation range, creating the “flag”, before breaking out in the direction of the initial trend. XRP has followed this exact structure. After surging from below $2.50 earlier this month, the price entered a tight flag pattern. Now, as XRP breaks above the upper boundary of this flag around $2.78, momentum is clearly shifting back in favor of the bulls. Ooooooo……. $XRP on the 4hourly candle is peeking out of the bull flag…. pic.twitter.com/nOZtrHWqyq — XRPunkie (@Shawnmark7899) July 13, 2025 This breakout is more than just a technical nuance, it reflects growing market strength. As noted by XRPunkie, the breakout signals that buyers are stepping back in, likely setting the stage for another leg up. If momentum continues, XRP could soon retest the upper resistance zone between $2.90 and $3.00. Key Levels to Watch XRP’s climb from below $2.50 to its current price of $2.83 represents a rally of more than 13% in under two weeks. This latest breakout places XRP in a critical zone. The immediate resistance lies near $2.90, followed by the psychologically important $3.00 mark. A strong close above $3.00 could open the door to a longer-term breakout and much higher targets. On the downside, the $2.78 level, where the flag breakout occurred—now acts as near-term support. If XRP remains above this level, it would further validate the bullish setup. However, if the price slips back below $2.70, it could signal a failed breakout and further consolidation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Conditions Support the Rally XRP’s breakout isn’t happening in isolation. The broader crypto market is flashing strength, with Bitcoin trading above $118,000 and altcoins showing renewed momentum. XRP’s bullish structure is also backed by positive fundamentals. Whale accumulation is growing, exchange balances are dropping, and wallet activity is on the rise , all pointing to increased demand and long-term holding. Additionally, excitement is building around the upcoming ProShares XRP Futures ETF, which is scheduled to launch on July 18. This development could drive further institutional interest, adding fuel to XRP’s recent rally. XRP’s breakout from the bull flag pattern is a strong technical signal that the uptrend is likely to continue. As emphasized by XRPunkie, the move out of consolidation marks a turning point for XRP on the lower timeframes. With the price now holding at $2.83 and momentum building, all eyes are on the key resistance zone between $2.90 and $3.00. If this level is cleared, XRP could be on the verge of a major breakout, one that finally propels it beyond the shadow of past highs and into a new bullish phase. 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. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Says XRP Is Peeking Out of the Bull Flag. Here’s the Significance appeared first on Times Tabloid .
