XRP Price Forecast: $18 to $21 Possible as Bull Flag Takes Shape

XRP Price Forecast: Could the $20 Price Mark Be Within Reach?

XRP Price Forecast – Crypto analyst EGRAG Crypto recently highlighted a bullish setup on the XRP weekly chart that could signal a significant upward move. His analysis, published in two parts, first drew attention to the bull flag pattern on May 26, which he estimates has a 67% to 70% probability of breaking to the upside.

XRP’s Bull Flag Formation and Price Action

According to EGRAG, the flagpole of the pattern began with an impressive rally from $0.50 in November 2024 to a multi-year high of $3.30 in January 2025, driven largely by U.S. post-election market optimism. Following this peak, XRP’s momentum slowed, leading to a consolidation phase around the low $2 range over the past four months, forming the “flag” portion of the pattern. This sideways movement suggests a market pause before a potential breakout, though no specific price targets were initially provided.

EGRAG’s XRP Price Targets and Methodology

In his follow-up commentary two days later, EGRAG presented refined price projections based on a logarithmic chart analysis, which better accounts for crypto’s high volatility. He calculated three key targets:

• Logarithmic target: approximately $18, implying a 689% increase from current levels.
• Linear target: around $5.50, a 141% rise.
• Average target: about $11.75, reflecting a 415% gain.

To factor in market volatility, EGRAG applied a 15% to 20% variation on these estimates, stretching the potential ranges to:

• Log target between $20.70 and $21.60,
• Average target between $13.51 and $14.10,
• Linear target up to $6.60.

Additional Bullish XRP Predictions

EGRAG’s outlook aligns with other bullish voices in the crypto community. Two months ago, crypto founder Edoardo Farina predicted that a run to $20 would mark the start of XRP’s uptrend. Similarly, XRP critic Davinci Jeremie expects the token to surpass $20 this year. Market analyst Papa and expert JD have both forecasted potential price targets near $14, supported by bullish Fibonacci extensions and breakout patterns.

Currently, XRP trades at $2.28, down slightly by 1.03% in the last 24 hours, as the market awaits confirmation of the bull flag breakout and next directional move.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.