FX Empire projects XRP could reach $2.10 in the coming weeks, citing a bullish flag pattern on the daily chart that implies 48% upside potential. The analysis attributes this target to the size of the flag's pole, a technical indicator used to measure potential price extension following a consolidation phase.
The cryptocurrency gained nearly 3% over the past 24 hours as the broader market consolidates after a late-August rally. This movement occurs despite a challenging macroeconomic backdrop, where the probability of a Federal Reserve rate hike in September has risen to 60%. Investor sentiment remains positive, with the Crypto Fear and Greed Index recorded at 72, indicating "Greed" mode persists despite the recent pullback.
Fund flows into exchange-traded funds linked to XRP began the month with $13 million in net inflows, establishing a daily average of $3.3 million. Based on this pace, analysts estimate a monthly total between $60 to $70 million, which would represent a decline of more than 50% compared to the previous month. However, it is premature to confirm this trajectory, as conditions may shift following comments from Federal Reserve Chairman Kevin Warsh after the central bank's interest rate decision on September 16.
On-chain data reveals that active addresses on the XRP Ledger spiked in late August but have since retreated to normal trading volumes. A crossover between the 7-day and 30-day moving averages for active addresses occurred during this period. Historically, this signal has preceded significant price movements in either direction. The most recent occurrence of this signal was in August 2026, where it anticipated the late-August price spike after an initial decline.
Technical analysis of the daily chart identifies a bullish flag, a continuation setup that typically forms after strong price movement. The downward inclination of the flag suggests aggressive profit-taking by early buyers and limited participation from late buyers. For this pattern to confirm a resumption of the uptrend, XRP must break above the $1.50 area, which marks the flag's highest point. A successful breakout would keep the token on track toward an intermediate target of $1.80 before reaching the full projection of $2.10.