XRP Breakout Coming? $15 Target in Sight

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XRP’s bull flag pattern signalled the continuation of an uptrend toward $15, driven by institutional demand after the likely launch of spot exchange-traded funds.

A classic XRP price chart pattern puts $5-$15 in play this cycle.

XRP enters mainstream finance with REX-Osprey’s XRP ETF launch.

XRP price was up 3% in the past 24 hours, and 17% higher than its Sept. 1 low of $2.69, to trade above $3 on Thursday. Market analysts said this positions XRP for further gains backed by several fundamental and technical factors.

XRP price technical analysis puts $5-$15 in play
XRP price action has painted bull flag patterns on the weekly time frame that could result in a massive breakout to as high as $15.

The first is a smaller one that formed in mid-June and was resolved earlier this week when the price broke above the flag’s upper boundary at $3. 

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