XRP Price Prediction Eyes $1.13 Despite $1.04 Flag Warning 

  • XRP Price Prediction improved after buyers reclaimed the $1.10 resistance level.
  • Ali Charts identifies a flag pattern that could target $1.04 if confirmed.
  • Holding above $1.10 may support another move toward the $1.13 resistance zone.

XRP Price Prediction remains in focus after the token climbed above the key $1.10 resistance level. XRP gained nearly 2%, reaching $1.1065 before stabilizing near $1.1040 at press time. While buyers regained short-term control, analysts remain divided as one technical pattern points toward $1.04, while stronger momentum could open the door to higher resistance around $1.13.

XRP Price Prediction Faces Mixed Technical Signals

The latest XRP Price Prediction comes from analyst Ali Charts, who identified a potential flag pattern on the one-hour chart. According to the analysis, if the structure confirms, XRP could decline toward $1.04 as the next technical target.

image 6

The flag developed after a sharp downward move, followed by consolidation around the $1.08-$1.09 region. Traditionally, this formation signals continuation of the previous trend, making nearby support levels critical for determining the next direction.

At the same time, XRP successfully pushed through the $1.0950-$1.1000 resistance zone on stronger trading volume. The breakout carried greater conviction than earlier attempts, suggesting buyers have become more aggressive.

XRP Price Prediction Depends on Holding Above $1.10

The current XRP Price Prediction also reflects an improving market structure. Throughout the trading session, XRP formed higher lows, with $1.0880 emerging as an important support area during pullbacks.

Holding above $1.10 could allow buyers to challenge $1.1065 again before targeting the next resistance near $1.13. Failure to defend this level may increase the probability of the bearish flag scenario outlined by Ali Charts.

Separately, market commentator Celal Kucuker noted that XRP previously rallied more than 500% within one month during an earlier market cycle. While some traders remain optimistic about the long-term upside, the current price action will likely depend on whether the XRP Price Prediction continues to improve through sustained buying volume above key resistance.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

Ledger Wallet Investigation Begins After $86M Crypto Theft Reports

Ledger investigates suspected crypto losses exceeding $86 million across...

Netflix FTX Series Faces Backlash From Former Executive Over Trailer

Former FTX executive Constance Wang criticizes Netflix's portrayal of...

Crypto Inflows Climb to $50B as ETF Momentum Builds in Q4

Digital assets attracted about $50 billion in capital so...

Dogecoin ETF to Shut as Bitwise CEO Flags Weak Demand

Bitwise will stop BWOW trading after October 14 following...

ONDO Price Jumps 5% as Ondo Launches Private Markets

ONDO gained over 5% as Ondo Private Markets launched...

Topics

Ledger Wallet Investigation Begins After $86M Crypto Theft Reports

Ledger investigates suspected crypto losses exceeding $86 million across...

Netflix FTX Series Faces Backlash From Former Executive Over Trailer

Former FTX executive Constance Wang criticizes Netflix's portrayal of...

Crypto Inflows Climb to $50B as ETF Momentum Builds in Q4

Digital assets attracted about $50 billion in capital so...

Dogecoin ETF to Shut as Bitwise CEO Flags Weak Demand

Bitwise will stop BWOW trading after October 14 following...

ONDO Price Jumps 5% as Ondo Launches Private Markets

ONDO gained over 5% as Ondo Private Markets launched...

Standard Chartered Crypto Custody Expansion Targets Singapore

Standard Chartered targets Singapore institutions with regulated digital asset...

Orca Loopscale Merger Launches Formation on Solana Markets

Orca and Loopscale merge under Formation with Luke Truitt...

Hunter Biden LAPTOP Memecoin Report Links Crash to Liquidity

A $6.02 purchase could lift LAPTOP's quoted launch price...
spot_img

Related Articles

Popular Categories

spot_imgspot_img