XRP's price trajectory appears promising, as a classic bullish flag pattern on the 4-hour time frame indicates a consolidation phase after a significant price increase. Initially, XRP saw a surge to a high of $2.44 before beginning a consolidation, characterized by a downward sloping channel typical of a bullish flag pattern.
This pattern suggests an optimistic outlook for XRP's price movement, potentially rising above the $3.50 mark. Such formations often precede continued upward trends, pointing to the possibility of further gains for XRP if market conditions remain favorable.
Fonte: www.thecoinrepublic.com ↗