TLDR:
- XRP price broke out above $3.50, completing a bull flag on the weekly chart.
- Analysts now eye $15 as the next key resistance based on pattern height.
- Trading volume surged post-breakout, confirming that momentum is real.
- Despite a 3% dip, XRP remains up nearly 20% over the past week.
XRP has lately broken out. After months of sideways movement, the token pushed through a major resistance line. That resistance formed the top of a bullish flag, which analysts now say could point to a sharp rally. The breakout took place at $3.50, a key level on the weekly chart. From here, market watchers are eyeing a new target: $15.
Weekly Chart Confirms Breakout Setup
According to analyst Ali (@ali_charts), XRP cleared a symmetrical triangle pattern, often known as a bull flag. This technical setup tends to suggest continuation of a previous uptrend. The consolidation had been narrowing since earlier this year.
The breakout level at $3.50 marked the upper boundary of the triangle. Once the price closed above it, volume surged. The size of the previous move and the triangle height suggest the next major resistance lies near $15. Traders are now watching this zone closely.
$XRP has broken out of a bullish flag, setting its sights on $15! Zoom out on the weekly chart and you’ll spot it. pic.twitter.com/DXVp6G18os
— Ali (@ali_charts) July 22, 2025
Volume jumped right after XRP broke above $3.50. It’s the kind of activity that usually follows real breakouts, not fakeouts. Bullish weekly candles started forming immediately after, adding weight to the upward trend.
The confirmation didn’t come from the price alone. Trading activity showed clear buying pressure, signaling market participants backed the move. This type of breakout, with volume and structure in sync, tends to carry momentum forward.
XRP Price Sees Brief Pullback After Surge
While the weekly trend remains bullish, XRP has seen a slight dip. Based on CoinGecko data, the token trades at $3.50, reflecting a 3.43% drop over the last 24 hours. However, it’s still up 19.55% on the week.
The pullback is expected, say traders. XForceGlobal pointed out this phase as the “acceptance” stage, when the market begins adjusting to the breakout reality. Skeptics shift, liquidity increases, and the next leg starts forming.
The expert added that there is one final resistance at the $4-5 levels based on trend-based Fib extension targets. He noted that if that breaks, the wave 3 will continue, and this could lead to much higher levels than originally anticipated.
With the $3.50 resistance broken, XRP’s trajectory has shifted. Analyst Ali now calls $15 the next price target. That level is based on traditional breakout measurements applied to the flag formation.
Zooming in, there is one final resistance at the $4-5 levels based on trend based Fib extension targets. If that breaks, the wave 3 continues and we stay on track for much higher levels than originally anticipated. pic.twitter.com/T1uLDqONTK
— XForceGlobal (@XForceGlobal) July 22, 2025
Traders are zooming out on charts to stay focused. The macro structure now leans bullish, supported by volume, price action, and technical pattern strength. XRP’s path may not be smooth, but the direction appears set.
Investors will be watching whether the rally holds or pauses before continuing. The $15 mark isn’t guaranteed, but it’s clearly the next level in focus.
The post XRP Price Breaks $3.50; Analysts Predict Potential Rally to $15 appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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