XRP Price Breaks Resistance, Sets Sights on Bull Flag Target

XRP's price has been on the move, trading between $1.56 to $1.57 USD, which is approximately S$2.01 SGD. This represents a 2% to 4% gain over the last 24 hours.

The current market structure shows a firmly established support zone around $1.50 USD, following a rebound from earlier lows near $1.28. However, there's an immediate resistance capped at $1.65, $1.70 USD.

XRP has recently broken above a declining daily resistance line from its late-August peak, putting buyers in control of the market. Analysts note that this could be a potential bull flag breakout pointing toward a target of $1.80 to $2.10 USD if momentum holds.