XRP Breakthrough Target Levels: $3.62, $3.86, and $4.10, followed by Bullish Flag Setup

XRP follows a bullish flag pattern on the daily chart. In recent trading days, the price action has become increasingly tight, raising expectations for a potential breakout. Analysts' comments have emphasized the significance of this consolidation structure. The chart shows that lower highs and higher lows are compressing within parallel lines, forming a typical flag pattern, which often indicates a continuation of price movement.

The breakout levels are clearly visible. The key resistance level is at $3.6234, followed by higher target levels of $3.8608 and $4.1066. Each level represents the next phase of upward momentum. For traders, the most direct indicator remains $3.62. A clear breakout above this resistance level could confirm the breakout and open the door to higher ranges. Market participants point out that price action around $3.00 has consistently maintained strong support. The rebound in this area indicates that buyers are defending positions in anticipation of potential upside.

The current technical setup presents three clear resistance levels, with the first resistance level at $3.62, considered a gateway to broader upward space. After breaking this resistance level, $3.86 will become the next reasonable resistance level. Market charts indicate that there has previously been resistance near this level, reinforcing its significance as a barrier to continued movement.

The ultimate price level of $4.10 represents the breakout target. This range will mark a significant price extension and may validate the bullish pattern following weeks of trading stagnation. Support levels remain crucial for assessing downside risk. XRP has maintained within the range of $2.85 to $3.00, showing persistent buying activity. Further pullbacks may retest the early support level of $2.29.

XRP remains resilient above $3.00 after multiple retests, which enhances market optimism. Market behavior indicates that buyers continue to support levels that long-term holders often accumulate. Price reaction remains a decisive factor. If XRP can confirm a breakout, the expectation of retesting new highs will increase. If the breakout is rejected, market participants anticipate a price pullback to lower support levels.