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.
You may also like
Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000
After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.
No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029
It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.
Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?
The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.
Crypto prices
More
