Here’s How Much XRP Could Rise If the Weekly Bull Flag Plays Out

Crypto analyst EGRAG Crypto recently pointed out a bullish pattern on the XRP weekly chart that could indicate a strong move to the upside. 

The analyst discussed this structure in two commentaries. Notably, in his earlier analysis, shared on May 26, he first called attention to the bull flag pattern. According to him, this structure has an impressive 67% to 70% probability of breaking to the upside. 

XRP Forms Bull Flag on 1W Chart

Data from his 1W chart showed that the initial rally, which formed the “flagpole” part of the pattern, began in November 2024. During this period, XRP climbed from $0.50 to a multi-year high of $3.30 by January 2025, due in large part to the post-election market enthusiasm in the U.S. 

However, after hitting $3.30, XRP lost momentum and started pulling back. Over the past four months, the price has mostly hovered around the low $2 range, making a series of lower lows and consolidating in a tight range. 

Interestingly, EGRAG believes this stretch of sideways movement created the “flag” portion of the pattern, suggesting the market is resting before its next move up. However, in this initial commentary, the analyst failed to share any price target. 

EGRAG Identifies XRP Price Targets

Meanwhile, the latest analysis, which came up two days later, included some specific price projections. EGRAG confirmed that he slightly adjusted the pattern to reflect the current market setup more accurately. This allowed him to run a measured move calculation to estimate potential targets.

He explained that for long-term crypto projections, he prefers logarithmic charts. These charts handle large price swings more clearly and are especially useful when analyzing fast-moving markets such as crypto. 

#XRP – Bull Flag 🏁 (Updated Version):

🟣Note ⚠️: I’ve slightly adjusted the flag formation to perfectly match the current bullish setup and to estimate the measured move using different approaches.

🟣Logarithmic
For long-term breakouts , I prefer using logarithmic charts ,… https://t.co/tf5SIoeekV pic.twitter.com/fhqweuOknf

— EGRAG CRYPTO (@egragcrypto) May 28, 2025

Using this approach, he calculated three separate targets: a logarithmic estimate, a non-logarithmic (or linear) estimate, and an average of the two. He said the average often works better in crypto because of the market’s lower liquidity compared to stocks.

Specifically, his logarithmic projection came in at around $18, demanding a 689% increase from current levels. Meanwhile, the linear method gave a more modest target of $5.50, a 141% rise. However, taking the average of both, EGRAG arrived at a middle-ground forecast of $11.75, representing a 415% increase.

Moreover, he also accounted for market volatility by applying a 15% to 20% variation range to each target. That brought the potential range for the log-based target to between $20.70 and $21.60. The average target stretched from $13.51 to $14.10, while the linear approach gave a top range of $6.60.

Other Bullish Projections

Interestingly, EGRAG is not the only one projecting these price targets for XRP. Specifically, two months back, crypto founder Edoardo Farina suggested that an XRP run to $20 would only be the beginning of the asset’s uptrend. Also, XRP critic Davinci Jeremie also believes XRP has the potential to reach $20+ this year. 

Meanwhile, in April, market analyst Papa projected a possible run to $14, citing a bullish Fibonacci extension. Market Expert JD also predicted that the $14 mark could be XRP’s minimal target after a bullish breakout. Currently, XRP trades for $2.28, down 1.03% in the last 24 hours.