These three XRP charts hint at a price rally toward $2.80

XRP's price may reach $2.80 by month's end, according to several bullish technical setups on multiple time frames. The altcoin's technical and onchain signals hint at a breakout, with bulls eyeing a significant rally.

The XRP/USD pair broke out of a falling wedge pattern on Jan. 1. In technical analysis, a falling wedge is a classic bullish setup showing decreasing selling momentum and volume. It often leads to an upside breakout as sellers get exhausted and buyers take control.

The altcoin needs to hold above the $2 support to increase chances of a return toward $2.40. Overcoming this resistance would open the way for a run toward the bullish target of the prevailing chart pattern at $2.70.

The eight-hour chart shows XRP price trading with a bull flag, facing resistance from the pattern's upper trendline at $2.15. An eight-hour candlestick close above this area will clear the path for XRP's rise toward the top of the flag's post at $2.41 and later to the measured target of the prevailing chart pattern at $2.80.

Such a move would represent a 32.5% increase from the current price.

The relative strength index increased to 51 from 42 on Monday, suggesting growing bullish momentum. As Cointelegraph reported, a break above the downtrend line on a descending channel at $2.30 on the daily chart could signal a potential trend change. The XRP/USDT pair may then rally to $2.70.

The 90-day Spot Taker Cumulative Volume Delta (CVD), a metric showing the balance of buyers and sellers, reveals that buy-orders (taker buy) have become dominant again. CryptoQuant data shows that the demand-side pressure has dominated the order book since November 2025, with the XRP/USD pair rising 16% in 2026 so far.

This indicates that more traders are buying XRP at the market price, rather than waiting for cheaper bids, demonstrating growing confidence in higher prices ahead. The last time XRP saw a similar surge in spot CVD was in July 2025, preceding a 65% price rally within weeks. This echoes the technical setup with a $2.80 target from the yearly open.