🔥 XRP Bull-Flag Success: Continued Bullish Price Action

9 באוק׳ 2022

Recently I made an analysis on XRP where I discussed the bull-flag pattern drawn on the chart. I wrote to wait for a bullish close above the top dotted resistance, which would likely cause further bullish price action.

As of yesterday, my first target has been reached. After a minor sell-off last night, XRP seems to have retested the resistance as support and looks ready for a move towards the second target, blue.

For confirmation you might want to wait for a new local high above $0.53