XRP’s price action between Nov. 5, 2024, and Jan. 6, 2025, has led to the formation of a bull flag pattern on the daily chart, as shown in the figure below. A daily candlestick close above the ...

Key points to notice: Bull flags are considered bullish continuation patterns that resolve after the price breaks above the upper trendline and rises by as much as the size of the uptrend prior.

Market trader Peter Brandt predicts a major surge in XRP price, supported by growing institutional interest and ETF approval speculations.