Massive Breakout Brewing: XRP 1W Bull Flag Could Launch Price Toward $10
April 29, 2025
Analyst Scient highlights a bullish flag formation on the weekly XRP chart, signaling a potential continuation of the uptrend. Notably, XRP’s short-term outlook has improved in recent days, with the price showing a clear pattern of higher highs and higher lows. From April 22 to 28, XRP gained momentum, rallying toward $2.30 before experiencing a retracement that brought it slightly above $2.10. Over the past 24 hours, XRP has recorded a 4.6% increase, highlighting the strengthening bullish sentiment. Amid this movement, several market participants, including technical analysts and industry experts, have shared both near-term and long-term projections for XRP’s trajectory.
Bull Flag Formation Targets $10
Data from Scient’s weekly XRP chart reflects a strengthening bullish structure. Reviewing the data shows that they spent most of 2024 consolidating between $0.50 and $0.60 before executing a powerful breakout late in the year. During this breakout phase, XRP moved sharply from under $0.38 to a high close to $3.30, with minimal pullbacks observed during the rally. Notably, this rapid ascent led to the formation of the asset’s flagpole, setting the foundation for the bull flag structure.
XRP Price Prediction
Following the ascent, XRP entered a consolidation period extending several months into 2025. The crypto asset traded within a narrow range between $1.60 and $3.30, with neither buyers nor sellers establishing control. According to his chart, this consolidation resulted in the formation of the pennant (flag), confirming the complete bull flag pattern. The characteristics supporting the bull flag interpretation include shrinking candle sizes, lower volatility, and the formation of well-defined support and resistance levels. Based on this technical setup, Scient forecasts a potential top target of $10 for XRP, a move that would represent a 338.6% increase from the current price point of $2.28.
Resistance Levels Remain Crucial
Meanwhile, CasiTrades provided further insight into the weekend trading activity, emphasizing the importance of critical resistance levels. She noted that XRP briefly spiked on Sunday following the circulation of an outdated ETF article, which some readers misinterpreted as new information.
XRP’s Sunday Spike: What Really Matters Now!
Happy Sunday, everyone!
This morning, #XRP spiked after an old ETF article resurfaced without a visible date, making it appear like fresh news. In my opinion, this move was typical weekend activity, not real organic buying…
pic.twitter.com/GtdTd4Upct
— CasiTrades (@CasiTrades) April 27, 2025
Despite the temporary surge, XRP faced rejection after failing to sustain momentum above the key $2.24 resistance zone, peaking instead at $2.27 before retreating. Casi Trades highlighted that XRP must reclaim and close above $2.24 to preserve its bullish momentum, especially during typically volatile weekend sessions characterized by lower liquidity. She added that weekend moves often exaggerate price action, urging a focus on clean technical structures instead of reacting to speculative headlines.
Long-Term XRP Prediction
Separately, CryptoGuard COO Matthew Brienen outlined an ambitious long-term valuation framework for XRP during the inaugural edition of the ‘Ask Matty Show.’ Brienen disclosed that XRP comprises 50% of his crypto portfolio, having steadily accumulated the asset since 2020 through dollar-cost averaging. In the short term, Brienen plans to gradually reduce his holdings over the next few years to lock in potential gains from the 2024-2025 cycle. However, he also revealed that he would retain part of his XRP position for 5 to 10 years, citing XRP’s use case in cross-border settlements. According to Brienen, XRP’s rapid transaction speeds and minimal fees position it favorably for remittance markets. As a result, he projects that XRP could reach price levels between $100 and $1,000 over the next decade.
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