XRP Price: Bull Flag Points to $2.10 - Here’s What Traders Are Watching Right Now
TLDR
- XRP is trading at $1.43, up 3.8% on the day and 4.2% over the week
- Analyst Ali Charts is watching for a close above $1.40 to confirm a breakout toward $1.46
- Trader Dark Defender sees a bull flag breakout with a target of $1.8815
- A bullish flag pattern on the daily chart puts a $2.10 price target in focus, a 48% gain from current levels
- XRP ETFs saw $13 million in net inflows at the start of September
XRP is up 3.8% on the day, trading at $1.43. The token has also gained 4.2% over the past week as traders identify bullish chart patterns forming near key support levels.
The gains come despite pressure on broader markets. Around $350 billion was wiped from US stocks today as oil prices hit a three-month high.
Crypto sentiment remains positive. The Crypto Fear and Greed Index sits at 72, putting investors firmly in “Greed” territory even after a recent pullback from the late-August rally.
Analyst Ali Charts flagged a descending triangle forming on XRP’s hourly chart. In a post on X, they wrote they are watching for an hourly close above $1.40, saying a confirmed breakout could trigger a rally toward $1.46.
… Continue reading the full article at the original source below.
