Monthly XRP Chart Is Constructing a Bullish Flag. Here’s the Significance

Crypto analyst Bobby A shared a detailed observation on the XRP monthly chart, noting that the asset has completed a significant technical ￰0￱ to his analysis, XRP has broken out of a seven-year consolidation phase and is now forming a bullish flag ￰1￱ emphasized that this development is taking place without the presence of market euphoria, which he interprets as an early sign of a sustainable ￰2￱ A stated that XRP is preparing to enter what he described as its parabolic blow-off phase, suggesting that strong upward momentum may soon ￰3￱ drew a parallel to the 2018 market cycle, where XRP recorded a major surge after displaying similar chart behavior.

Specifically, he pointed to the Relative Strength Index, which is close to printing its second confirmation peak into overbought territory, echoing conditions seen in that earlier ￰4￱ concluded that strategy and patience are crucial at this point, reinforcing his view that disciplined positioning could benefit ￰5￱ monthly XRP chart is constructing a bullish flag after breaking out of a seven-year consolidation period, with no euphoria ￰6￱ is preparing to enter its parabolic blow-off phase and print its second confirmation peak into overbought territory on the Relative Strength… ￰7￱ — Bobby A (@Bobby_1111888) August 28, 2025 Technical Insights The chart shared by the analyst depicts XRP’s long consolidation between 2017 and 2023, characterized by sideways movement and gradual structural ￰8￱ shows XRP establishing higher lows over time, reflecting a progressive recovery from its earlier bottom ￰9￱ breakout from this extended consolidation aligns with Bobby A’s assessment that XRP has entered a new market ￰10￱ chart also highlights key technical levels, including Fibonacci extensions projecting possible ￰11￱ extensions suggest that XRP could approach zones between $5.25 and $13.57 , with the analyst marking a “take profit zone” within that ￰12￱ structure also identifies areas referred to as “Base Camp 1” and “Base Camp 2,” implying potential interim resistance levels before any sustained ￰13￱ indicators on the chart, such as the MACD and Bollinger Bands, show expanding momentum and volatility consistent with a bullish cycle ￰14￱ Relative Strength Index has climbed into higher ranges but has not yet reached levels associated with extreme euphoria, reinforcing Bobby A’s point that broader market sentiment remains ￰15￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Reaction Following the post, X user Dies Zero provided his own commentary on the chart, aligning with the original ￰16￱ noted that XRP’s prolonged sideways trading period now appears to be resolving into a breakout structure, forming a clear bullish flag on the monthly ￰17￱ emphasized the absence of mania, which historically tends to precede larger market ￰18￱ Zero also highlighted the similarities in the RSI setup when compared to 2018, when XRP advanced rapidly during its euphoric ￰19￱ pointed out that while history does not repeat exactly, the resemblance in structure and momentum suggests that the current setup could yield comparable ￰20￱ concluded that patience could play an important role in maximizing the potential benefits of this ￰21￱ Both the original analysis from Bobby A and the subsequent commentary from Dies Zero underline the importance of XRP’s technical structure at this ￰22￱ breakout from a multi-year consolidation, combined with the development of a bullish flag, places XRP in the best position for a major rally if momentum continues to ￰23￱ technical signals, particularly the RSI confirmation and the absence of excessive sentiment, suggest that XRP may not yet have entered the final stages of its ￰24￱ to these views, investors exercising discipline and patience may find themselves well-positioned as the structure continues to ￰25￱ : This content is meant to inform and should not be considered financial ￰26￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰27￱ are advised to conduct thorough research before making any investment ￰28￱ action taken by the reader is strictly at their own ￰29￱ Tabloid is not responsible for any financial ￰30￱ us on X , Facebook , Telegram , and Google News