XRP Eyes $3 on Bull Flag Breakout amid Outflows

Published: 2025-10-30 03:34:16 |

Technical analysis shows XRP is poised to rally toward $3. A bull flag breakout above $2.63 on the four-hour chart and an inverse head-and-shoulders pattern target a $2.97–$3.02 price objective. Exchange outflows have driven XRP reserves on platforms down to a five-year low of 2.57 billion tokens, underscoring strong demand. On-chain 90-day cumulative volume delta (CVD) data confirms buy-side dominance. Institutional and whale accumulation adds further bullish pressure. Traders should watch the $2.63 resistance and a decisive close above it to confirm the next leg of the XRP price rally.

Bullish

The convergence of a bull flag breakout, inverse head-and-shoulders pattern and record exchange outflows points to strong short-term momentum for XRP. Positive 90-day cumulative volume delta confirms buy-side dominance, while institutional and whale accumulation underpin longer-term price support. A confirmed close above $2.63 resistance could trigger a rally toward $3, making this news strongly bullish for XRP traders.