XRP is experiencing bullish momentum with a projected target of $15.35, driven by whale accumulation of 50 million coins and a surge in derivatives activity over 1,300%.
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XRP’s bullish flag breakout projects a $15.35 target based on measured technical move.
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Whales accumulated 50M XRP after legal settlement, signaling renewed market confidence.
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Derivatives activity surged, with open interest up 20% and options volume rising over 1,300%.
XRP is showing strong bullish momentum with a target of $15.35, driven by whale accumulation and increased derivatives activity.
Technical Structure Points Toward $15 Target
According to analysis prepared by BarkMeta, the XRP/USDT chart displays a flagpole rise followed by a flag formation before a breakout. Price recently moved above resistance at $3.65026 before settling at $2.95905.
XRP is ready for a huge breakout.
Target is $15.
Next week will SHOCK the world.
— Bark (@barkmeta) August 9, 2025
Fibonacci retracement levels identify $2.67066 and $2.42493 as key support zones, with deeper support near $1.61092. The breakout target from this formation is projected at $15.35562.
This projection is based on the measured move from the flagpole structure, which often precedes strong rallies. Market analyst Ali Charts has also identified a bullish flag on the weekly chart, noting that XRP targets $11 initially after the breakout, with further potential if momentum holds.
Whale Activity and Legal Clarity Support the Bullish Case
According to an observation by Ali Martinez, large XRP holders have accumulated 50 million coins in recent days, indicating growing confidence in the asset. This buying comes after Ripple and the U.S. SEC filed a joint motion to dismiss appeals, marking an end to the multi-year legal battle. Ripple CLO Stuart Alderoty referred to the settlement as “The end,” removing a key source of uncertainty.
Data from Coinglass shows derivatives activity in XRP surged, with open interest rising 20% to $8.82 billion and options trading up over 1,300%. Analysts suggest that if XRP sustains current price levels and breaks above $3.35, momentum could accelerate toward double-digit territory.
If current technical and on-chain conditions remain intact, market experts believe XRP could be on track for a 5–10x move. With legal clarity, strong accumulation, and a bullish chart setup, the $15 target could be reached sooner than expected.
Key Takeaways
- XRP’s bullish flag pattern suggests a target of $15.35.: This projection is based on technical analysis.
- Whale accumulation indicates market confidence.: 50 million coins have been purchased recently.
- Surge in derivatives activity supports bullish sentiment.: Open interest and options volume have increased significantly.
Conclusion
XRP is poised for significant upward movement, with a target of $15.35 supported by whale activity and a bullish technical structure. As legal uncertainties fade, the market outlook remains optimistic for XRP’s future price action.
