$15 Still in Sight for XRP—As Long As $2.47 Holds the Line

Despite XRP’s sharp pullback below $3, its bullish outlook toward the $15 target remains intact.

$15 Still in Sight for XRP—As Long As $2.47 Holds the Line. Source: Shutterstock
Source: Shutterstock

All Eyes on XRP’s Bull Flag Formation

XRP appears to be tracing a classic bull flag pattern, an established continuation setup that could set the stage for a massive breakout, according to leading crypto analyst Irma Analytics. 

The formation, which followed a strong rally from $2.10 to $3.50, mirrors a similar technical setup that previously preceded a 400% surge in XRP’s price.

Presently, XRP is consolidating just the $3.50 mark, forming tight parallel downward-sloping lines, which are hallmarks of a textbook bull flag. This pullback after a steep climb often signals market pause before the next leg upward. 

According to Irma Analytics, the flagpole depicted by the initial rally from $2.10 to $3.50, projects a potential breakout target between $15 and $17 if the pattern completes successfully.

She pointed out, “The structure looks legit — textbook breakout + macro catalysts. First key level is $6, but if momentum sticks, $15+ is in play. The risk is real, but so is the setup.”

Despite dropping below the $3 threshold, technical indicators reinforce the bullish case. XRP remains above its 20-day and 50-day exponential moving averages (EMAs), while trading volumes during the pullback have tapered, another classic bull flag characteristic. 

Additionally, Relative Strength Index (RSI) levels remain neutral, suggesting there's still room for upside momentum.

At the time of this writing, XRP was down by 7.7% in the past 24 hours to trade at $2.92.

XRP Needs to Hold $2.47

XRP is holding steady above the key support level of $2.47, reinforcing a strong bullish narrative that now sets sights on the next major upside target at $4.804. 

This level has emerged from technical projections following a prolonged consolidation and breakout pattern, and its validation suggests room for another 44% rally in the near term.

Renowned market analyst Javon Marks pointed out, “XRP maintaining well above the $2.47 target and this means that the current target is at $4.804. With this target now in play, prices of XRP can have room to climb another +44% to reach it and a break above would bring in play the next target at precisely, $7.138.”

Source: Javon Marks
Source: Javon Marks

The $4.804 target is derived from the measured move of a confirmed breakout pattern that began forming after XRP surged from $2.10 to a new all-time high of $3.65 in July.

Since then, the token has consolidated in a tight range, despite falling below the $3 threshold.

Should XRP break above $4.804, the next critical target comes into play at $7.138, a level that could spark even stronger buying interest, Marks pointed out.

Notably, a breakdown below $2.47 would invalidate the current setup and could lead to deeper retracements. But as long as XRP maintains this support, the path to $4.804 and potentially $7.138 remains technically and fundamentally viable with $2.65 emerging as the other fundamental support zone. 

Conclusion

If the bull flag pattern plays out as it did in the past, XRP could soon embark on a run toward $15–$17, rewriting its all-time highs and potentially reasserting itself as one of the top-performing digital assets of the current cycle.

Nevertheless, XRP’s ability to maintain strength above $2.47 will play a fundamental role in enabling the 3rd-largest cryptocurrency by market cap to continue scaling new heights.