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.
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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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