Crypto analyst Steph Is Crypto suggests the XRP price is gearing up for a significant upward movement. In a recent post on X, he highlighted a bull flag pattern visible on XRP's price chart—a formation often indicating strong growth after consolidation.
Bull Flag and Descending Wedge Patterns Reinforce Each Other
The analyst identifies a descending wedge within a larger bull flag pattern, a combination emerging since late 2024. This structure is typically interpreted as a bullish signal. A descending wedge often signals an impending price rise, while the bull flag's consolidation phase provides room for a potential upward breakout.
This pattern closely mirrors XRP's late-2024 surge, leading some analysts to anticipate a similar—or even stronger—movement this time. The technical setup suggests significant upside potential if historical trends repeat.
Technical Analysis Points to $10 XRP Price Target
Currently, XRP trades around $2.25, showing recovery from earlier 2024 lows. Steph Is Crypto's analysis projects a 350% surge if the pattern completes, with a $10 price target based on the bull flag's measured move:
"This bull flag will send #XRP to $10.00 minimum!"
— Steph Is Crypto (July 2, 2025)
Such a move could reposition XRP among this cycle's top-performing altcoins. The interplay of price pressure, recurring patterns, and increasing trading volume makes this scenario compelling for market observers.
External Factors Supporting the Bullish Outlook
Beyond technicals, fundamental developments bolster XRP's positive outlook:
- Regulatory Clarity: The Ripple vs. SEC lawsuit appears nearing resolution, reducing market uncertainty.
- Institutional Access: XRP's inclusion in Grayscale's Digital Large Cap ETF enables regulated U.S. institutional investment.
- Network Expansion: Ripple's growing payment network adoption increases real-world utility.
👉 Discover how institutional inflows could accelerate XRP's growth
FAQ: XRP Price Projections and Patterns
Q: How reliable are bull flag patterns in crypto trading?
A: While no pattern guarantees outcomes, bull flags have historically preceded major breakouts when accompanied by rising volume.
Q: What timeframe does the $10 XRP target apply to?
A: Analysts suggest this could occur within 6-12 months if current patterns hold and market conditions remain favorable.
Q: How does the SEC lawsuit affect XRP's price?
A: Resolution could remove a major overhang, potentially triggering renewed investor confidence and price appreciation.
Key Takeaways
- The bull flag + descending wedge combo suggests strong upside potential
- Technical projections indicate possible 350% growth to $10
- Fundamentals align with technical signals for a compelling investment thesis
👉 Learn strategic approaches to trading crypto chart patterns
Note: Cryptocurrency investments carry high volatility risk. Conduct thorough research before investing.