XRP Eyes $10 Breakout After Symmetrical Triangle & Bullish Flag Rally

XRP has broken out from a symmetrical triangle and bullish flag setup—triggering a technical structure that could pave a path to $10–$11. Fibonacci zones at $1.50 and $2.50 are key supports, while Elliott Wave analysis suggests even higher long-term targets. Traders worldwide should watch closely for volume confirmation and momentum sustainability.

Aug 12, 2025 - 10:38
XRP Eyes $10 Breakout After Symmetrical Triangle & Bullish Flag Rally

What’s Going On?

  • Chart Breakout Signals
    XRP has successfully broken out of a symmetrical triangle, following a bullish flag pattern—often a precursor to strong upward moves. Analysts note that moving past key Fibonacci retracement levels around $1.50 and $2.50 could confirm a sustained bullish trend. 
  • Targeting the $10 Zone
    The technical breakout opens the door for a potential rally toward $10–$11—especially if momentum continues and resistance levels are cleared. Elliott Wave projections even suggest key mid-term targets like $4, with aspirational figures ranging up to $29 or $96 in extreme scenarios.

Global Implications

  • Worldwide Sentiment
    A breakout to double digits could reinvigorate XRP’s narrative—fuelling renewed interest from Asia to Europe to the Americas, across retail and institutional traders alike.
  • Macro-Technical Alignment
    Coupled with regulatory clarity and adoption, a chart-led breakout may act as a catalyst for real-world usage—from remittance flows to institutional liquidity.

Coinccino Insight

“When technicals align—symmetrical triangle breakout after a flag pattern—you’re witnessing textbook bullish setup. If XRP holds above that breakout zone and volumes rise, $10 becomes a fair target. But traders must watch the volume and confirm the breakout.”