Recently, XRP has been demonstrating a noticeable bull flag on its weekly chart, generating interest among analysts. Projections suggest a possibility of reaching $23 by year-end if the $3.60 resistance level is overcome.
XRP Approaches Critical $3.60 Resistance
XRP has formed a notable bull flag on its weekly chart. Breaching the key resistance at $3.60 could lead to significant growth by the year's end. Analysts such as @Steph_iscrypto and XRP_Cro emphasize the importance of volume and weekly closing above current levels.
Institutional Interest Fuels XRP Growth Potential
The formation of the bull flag has attracted institutional investors. Optimism regarding ETF applications is also contributing to recent market movements. The anticipated uptrend may significantly impact market sentiment, although cryptocurrencies like ETH and BTC may be less directly influenced by XRP's trajectory.
Historical Bull Flag Patterns Boost XRP Outlook
Historically, XRP has seen strong price increases following bull flags, with recent observations indicating significant price surges in July 2025 and late 2024. 'It’s a continuation, not a reversal,' noted @Steph_iscrypto.
The current bull flag formation provides substantial bullish signals for XRP, yet analysts caution that confirmations above key price points are necessary.
