STEPH IS CRYPTO has highlighted what could be one of the most significant technical setups for XRP in recent years. In a chart shared on X, the analyst identified a classic bull flag formation on the 3-day OKX chart, suggesting XRP could be gearing up for a powerful continuation rally.
The projection sketched onto the chart extends into the $20–$30 range, igniting discussions across the market about whether XRP could realistically climb as high as $28.
The Bull Flag Setup
The chart shows a sharp vertical rally forming the “flagpole,” followed by a descending, parallel channel where XRP consolidated between early 2025 and midyear. This consolidation represents the “flag” portion of the pattern. According to technical theory, when price breaks out above the upper boundary of such a flag, the market often resumes its prior trend — in this case, strongly upward.
#XRP BULL FLAG BREAKOUT! 👇 pic.twitter.com/zOBjeeEdA3
— STEPH IS CRYPTO (@Steph_iscrypto) August 21, 2025
Importantly, the breakout is already visible on XRP’s chart, with price pushing out of the consolidation channel and testing resistance levels around $3.00–$3.30. STEPH IS CRYPTO’s bullish projection illustrates a multi-leg parabolic move that, if sustained, could carry XRP into double-digit territory.
Current Price Action and Momentum
Over the past six weeks, XRP has held within the $3 range, briefly tapping the mid-$3.60s before pulling back. As of report time, the token is trading at $2.90. Trading volume has spiked during the breakout, a sign that real liquidity is supporting the move rather than it being a low-volume anomaly.
Market watchers view this as a key confirmation that buyers are stepping in to defend the breakout zone.
Analysts agree that the $3.00–$3.33 level now acts as a critical pivot. If XRP holds above this range, it strengthens the bull flag’s validity and supports the case for a sustained rally. Failure to maintain this breakout could risk a return to lower support levels around $2.80 or even $2.20.
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Why $28 Is on the Table
Bull flags are often measured by adding the height of the flagpole to the breakout point, which gives a target significantly above the current price. However, STEPH IS CRYPTO’s chart goes beyond this traditional projection.
His analysis suggests that if institutional flows, broader crypto market strength, and macro adoption trends align, XRP could enter a parabolic phase extending into the $20–$30 range.
Other technical commentators have also noted that once XRP breaks above mid-single-digit resistance, there is relatively little historical overhead supply until much higher levels, giving the asset room to climb rapidly in favorable conditions. While $28 is an ambitious target, it reflects a high-case scenario of extended market momentum.
Key Levels and Market Outlook
The immediate test for XRP is whether it can sustain closes above $3.30 with strong follow-through volume. Success here would likely open a move into the $5–$7 zone in the medium term, with double-digit levels possible if momentum compounds.
On the downside, a breakdown below $2.80 would invalidate the flag and shift sentiment back to consolidation or correction.
Final Thoughts
STEPH IS CRYPTO’s analysis captures the optimism building around XRP’s current technical structure. The bull flag breakout is undeniable on the charts, but whether it ultimately carries XRP to $28 depends on much more than chart patterns alone.
Sustained volume, institutional inflows, and supportive market conditions will be critical in determining how far this breakout can go. For now, the setup is undeniably bullish, and XRP has the attention of traders worldwide.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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