If bullish setups persist across all timeframes, XRP (XRP), the price of the cryptocurrency could move towards $2.80.
The key take-aways
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The technical setups of the XRP chart all point towards the $2.80 price target.
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Spot taker CVD remains positive, suggesting confidence among buyers.
The XRP breakout target is $2.70
On Jan. 1st, the XRP/USD currency pair broke from a falling wedge chart as can be seen on the below two-day graph.
Related: XRP reclaims $2 as fund inflows diverge from broader crypto outflows
A falling wedge, in technical analysis, is a bullish set-up characterized by converging downward trendlines and decreasing volume. The falling wedge often ends in an upswing as buyers begin to take over and sellers tire.
Altcoins must hold their ground above $2 in order to have a better chance of returning to $2.40. This resistance will open up the path to the bullish goal of the dominant chart pattern, which is $2.70.
“$XRP is breaking out of a Falling Wedge after trading sideways for a month”Trade CryptoWIZRD said Recently, I posted on X that it happened last in Q4/2025. “exploded” 486%.
XRP bull flag targets $2.80
Charts show XRP trading as a Bull Flag. Price is facing a resistance of $2.15, the upper trendline.
If an 8-hour candlestick is closed above the area, XRP will be able to move up toward the upper flag at $2.41. It can then rise further towards the target measured by the chart pattern of $2.80.
A price hike of this magnitude would mean a rise in the amount charged by 32.5%.
It is important to note that the word “you” means “you”. relative strength index On Monday, the number of positive indicators increased to 51 from 41. This suggests a growing bullish trend.
The following are some of the ways to get in touch with us. Cointelegraph reportedA break above a downtrend line in a channel descending at $2.30 could indicate a possible trend change. The XRP/USDT pairing may then rise to $2.70.
In order for the bullish setups to work, XRP must hold key support areas. A sustained close below $2.00 would invalidate the falling wedge breakout and signal a loss of bullish structure, increasing the risk of a pullback toward the $1.80–$1.90 region.
On lower time frames, failure to reclaim and hold above $2.15–$2.20 would weaken the bull flag setup and suggest continued consolidation rather than an immediate upside breakout.
XRP spot taker CVD signals high buyer volumes
The CVD, which is a measure of the buyers-seller balance over 90 days, shows that taker-buys are once more dominant.
CryptoQuant data This shows the demand side pressure dominating the orders since November 2025. The pair XRP/USD is up 16% this year.
It shows that traders have a growing belief in the future of higher prices.
The last time XRP witnessed a similar rise in spot CVD in July 2025 was prior to a 65% rally in price within weeks. The target is $2.80 from the annual open. This is in line with the technical setup.
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Source: cointelegraph.com
