XRP Price Rise Flag: Experts Identify Consolidation Phase Before Next BIG Move

Edward Farina, CEO of Alpha Lions Academy, recently posted a chart on X illustrating what he calls a "bullish flag" pattern for XRP. The tweet, accompanied by an image of the historical XRP chart, included the caption: "$XRP BULLISH FLAG! Consolidation phase before the NEXT BIG move!" The chart image, seemingly from 2021, shows a strong bullish movement of XRP —often referred to as a "flag pole"—followed by a gradually descending consolidation phase bounded by two parallel trend lines. This structure is commonly identified as a bullish flag in technical analysis, a pattern that often indicates the potential for a continuation of the bullish trend after a short correction period.

Farina's post has a direct interpretation. The post indicates that the current price position in this model may signal an upcoming bullish trend. His "bullish flag" shows optimism in price action and implies expectations for a breakout in the consolidation channel. The community adds technical context Other users on platform X have contributed their observations to respond to Farina's post. A user identified as Nexus Token explained in detail the nature of the bullish flag pattern using recent price action: "In the past week, XRP has surged from around $1.85 to $2.30." Then, it consolidated in the range of $2.10–$2.30, dipping slightly. Volume decreased during this pullback. That setup aligns with a classic 'bullish flag': a sharp peak, followed by a flag-like consolidation. This explanation aligns with the textbook definition of a pattern, where an initial strong rally is followed by a narrow, downward-sloping range and declining trading volume. This implies that a breakout from this consolidation could initiate another significant bullish move, depending on the volume and price action confirmation. Reference model from the 2021 cycle What Farina shared describes the price behavior of XRP from around the end of 2020 to the middle of 2021. During that time, XRP experienced a significant bullish period followed by some phases of correction. Although this historical reference may not accurately reflect the current market dynamics, it seems that Farina has used previous charts to suggest that similar structural behavior could occur again. Using historical models to draw inferences about future price movements is a common practice in technical analysis. In this case, Farina's tweet does not clearly state that the current price action of XRP is forming the same pattern, but implies that past setups may provide a model for interpreting the current market.