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XRP Price Prediction: Bull Flag Signals Potential Surge to $21.60

XRP Price Prediction: Bull Flag Signals Potential Surge to $21.60

Author:
XRP News
Published:
2025-05-29 08:14:24
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP’s price trajectory is capturing significant attention as analysts identify a bullish flag pattern, suggesting potential breakout targets ranging from $5.50 to $21.60. crypto market analyst Egrag Crypto has refined the bull flag projection, aligning it with current trends for greater accuracy. The logarithmic model forecasts an $18 breakout, while the linear approach suggests $5.50—yielding a median target of $11.75. As of May 29, 2025, XRP is trading at 2.28620000 USDT, sparking optimism among investors about a substantial upward movement. This analysis highlights the growing confidence in XRP’s potential to achieve significant gains, driven by technical patterns and market sentiment.

XRP Price Prediction: Bull Flag Points to $21.60 Breakout Target

XRP’s price trajectory is drawing significant attention as analysts identify a bullish flag pattern suggesting potential breakout targets ranging from $5.50 to $21.60. crypto market analyst Egrag Crypto has refined the bull flag projection, aligning it with current trends for greater accuracy. The logarithmic model forecasts an $18 breakout, while the linear approach suggests $5.50—yielding a median target of $11.75.

Accounting for crypto market volatility and liquidity constraints, Egrag applies a 15–20% variability range, resulting in maximum potential values of $6.60 (linear), $14.10 (mean), and $21.60 (logarithmic). These tiers offer traders a spectrum of scenarios based on market conditions.

Market cap projections further fuel optimism, with estimates peaking at $1.5 trillion—implying an xrp price exceeding $25. The analysis blends logarithmic charts for exponential growth patterns and linear views for traditional trend detection, creating a balanced framework for evaluation.

XRP Holds Steady Despite VivoPower’s $121M Treasury Reserve Announcement

XRP traded flat at $2.29, down 1.1% over 24 hours and 4% weekly, despite VivoPower’s landmark $121 million private share offering to establish an XRP-focused treasury reserve. The token’s consolidation phase persists, fluctuating between $2.24 and $2.47 with $2.16 billion in spot volume (+6%). Derivatives tell a conflicted story—$3.95 billion volume (+20.2%) clashes with a 0.95% drop in open interest.

VivoPower’s Nasdaq-listed shares surged 26% post-announcement, settling 11% higher at $6.75. The Saudi-backed capital raise marks the first public company adoption of XRP as a treasury asset, with former Ripple advisor Adam Traidman now chairing the firm’s board. Market indifference toward the news suggests institutional crypto adoption remains priced in—for now.

SEC Advances Review of WisdomTree’s Proposed XRP Spot ETF

The U.S. Securities and Exchange Commission has entered an advanced review phase for WisdomTree’s proposed XRP spot exchange-traded fund. Public comments are now being solicited under Release No. 34-103124, signaling regulatory progress toward potential approval.

Ripple’s recent legal clarity appears to have strengthened the ETF’s prospects. The SEC’s 240-day review window focuses on investor protections, market structure integrity, and compliance with the Securities Exchange Act of 1934.

A successful launch would mark the first XRP spot ETF available to U.S. investors, bridging cryptocurrency markets with traditional finance channels. The decision could influence broader institutional adoption of digital asset investment vehicles.

XRP Futures Trading Shows Strong Global Demand with Nearly Half of Volume Outside U.S. Hours

CME Group’s newly launched XRP futures contracts have demonstrated significant international appeal, with 46% of trading volume occurring during non-U.S. market hours. The derivatives, available in both standard and micro-sized contracts, recorded $86.6 million in volume across 4,032 trades during their first six trading days.

Ripple’s payments-focused cryptocurrency has found particular resonance in global markets, reflecting its design for cross-border transactions. The cash-settled contracts, priced using the CME CF XRP-Dollar Reference Rate, allow traders to gain exposure without direct asset ownership—a feature that appears to be attracting substantial participation from outside the United States.

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