Analyst Ali presented a visual representation suggesting XRP may rise to $15 after breaking out from a bullish flag. Let's examine the details of this forecast.
Current Market Situation
According to a chart shared on social media, XRP/USDT on Binance has decisively breached the upper trendline of its consolidation structure. At the time of publishing, analyst Ali noted that XRP was trading at $3.50 and showed a strong bullish candlestick. Ali stated, 'XRP has broken out of a bullish flag.'
Long-term Predictions
The analyst's projection suggests a rise to $15 for XRP, which could represent a 326% increase from current levels. The chart illustrates that the current price move may mark the beginning of a larger upward trend, with price levels extending up to $15.
Historical Context and Technical Basis
The flag pattern displayed in the chart reflects a consolidation period following significant price growth observed in late 2024. The breakout in July 2025 could signify the onset of the next upward wave. Ali bases his forecasts on traditional chart pattern analysis, where a flag breakout commonly indicates a continuation of the previous trend.
The analysis of the current market situation for XRP reveals significant growth potential following the recent bullish flag breakout. However, monitoring trading volumes and market dynamics will be crucial to confirm the possibility of reaching the $15 target.