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XRP Bull Flag Sparks $8–$15 Breakout Buzz

Posted: Fri Aug 08, 2025 3:44 am
by umair
XRP is on the move, and things are heating up fast. The token just popped about 11–12% in a single day, rocketing from roughly $3.00 to over $3.30. What’s fueling the excitement? A pretty classic technical setup known as a bull flag, where a sharp rally (the flagpole) is followed by consolidation (the flag), often leading to another surge in price.

In this case, technical analysts are pointing toward bullish breakout targets ranging from $8 up to as high as $15, assuming XRP can maintain support around the $3.30 level. The sheer volume behind the move—over 300 million in trades during peak session hours—suggests severe institutional accumulation, not just retail hype.

What’s unleashed all this momentum? The long-running legal battle between Ripple and the SEC has officially come to a close. Both parties have withdrawn their appeals, bringing to a close one of the industry's most prolonged and most contentious cases. That regulatory overhang—looming over XRP for years—is finally gone, clearing a path for broader institutional adoption and product development.

More substantial volume, technical formations, and newfound legal clarity all point to the same thing: this could be the beginning. However, the big question remains: will XRP hold support during consolidation and trigger a bullish breakout, or will resistance stall the move?

Are we witnessing the start of a true breakout—or just a relief rally following the legal resolution? Do you think XRP can realistically reach $8 or beyond? And what signs would you watch for to confirm sustainability?