XRP Bull Flag After 8-Month Consolidation Signals Potential Rally Toward $11 Target

Crypto analyst Luke has highlighted a bull flag breakout on XRP's weekly chart, with a measured move and Fib extension both pointing toward an $11 upside target that would represent a new all-time high. While this implies nearly 700% growth from the current $1.36 area, other analysts warn of possible pullbacks toward $0.87–$0.85 as geopolitical tensions between the U.S. and Iran weigh on sentiment and XRP ETFs record recent outflows. Bulls are watching key levels at $1.25, $1.61, and the gray demand zone for confirmation or invalidation of the broader bullish structure.