Edward Farina, CEO of Alpha Lions Academy, has reignited bullish sentiment around XRP with a recent post on X (formerly Twitter), sharing a chart that he says exhibits a classic “bullish flag” pattern — a formation often interpreted by technical analysts as a signal for an impending price surge.

In his tweet, Farina displayed a historical XRP chart, believed to be from the 2021 market cycle, alongside the caption: “$XRP BULLISH FLAG! Consolidation phase before the next BIG move!” The chart features a sharp upward move — the so-called flagpole — followed by a descending, narrow-range consolidation bordered by parallel trendlines. This pattern, commonly known as a bullish flag, is widely regarded as a precursor to continued upward momentum following a brief correction.

Interpreting the Technical Setup

Farina’s interpretation is straightforward: the current market structure may mirror the setup from a previous rally, suggesting that XRP is once again coiling for a breakout. His post implies that if the pattern plays out as expected, a significant price move to the upside could follow as the token exits the consolidation phase.

Responding to the post, other analysts and community members offered further technical breakdowns. A user named Nexus Token explained the recent price behavior of XRP in context:

“In the past week, XRP shot up from about $1.85 to $2.30. Then it consolidated in a $2.10–$2.30 range, sloping slightly down. Volume dropped during this pullback. That setup fits a classic ‘bull flag’: sharp pole, then a flag-shaped consolidation.”

This description echoes the textbook pattern: an initial spike in price forms the flagpole, followed by a downward-sloping or sideways consolidation on declining volume — the flag. A breakout from this structure, typically confirmed with a volume increase, often signals the continuation of the prior trend.

Revisiting the 2021 Market Cycle

While Farina’s chart is from the 2021 bull market, its relevance in today’s context lies in the structural similarities he sees in XRP’s recent price action. During the 2021 cycle, XRP experienced several explosive moves followed by periods of sideways or downward consolidation before continuing higher. Analysts often refer to such historical patterns in an effort to identify parallels and anticipate future movements.

Farina’s post stops short of declaring that a similar breakout is imminent, but the implied comparison serves as a bullish signal for followers of chart-based analysis. This method — known as fractals — involves using past market behavior as a guide to interpret current setups. Although not predictive on its own, fractal analysis remains a popular approach within the crypto trading community.

Investor Sentiment and Market Outlook

The post has contributed to growing optimism among XRP holders, many of whom are awaiting a definitive move out of the current range. With XRP’s performance often influenced by both technical setups and broader macro developments, such as the ongoing regulatory discussions involving Ripple and the SEC, analysts caution that any bullish momentum will need to be supported by fundamentals and increased market participation.

As with any technical pattern, the bullish flag is not a guarantee of future price movement. Analysts typically look for confirmation — such as a strong breakout above the consolidation range with accompanying volume — before validating the setup.

Final Note

While Farina’s chart and commentary reflect his bullish stance, it is important to emphasize that technical analysis is inherently speculative. Investors and traders should consider multiple indicators and conduct thorough research before making any financial decisions.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. The views expressed are solely those of the individuals mentioned and do not reflect the position of Times Tabloid. Always conduct your own due diligence before investing in any digital asset.