XRP is catching attention in the crypto market as it forms a bullish flag pattern, a technical indicator suggesting a potential upward move. After a strong price surge, XRP is now in a consolidation phase mirroring a flag, hinting that recent gains might continue.
If key conditions are met, XRP could break out, confirming the bullish trend and potentially leading to significant price gains. However, if it breaks below the pattern, it might face a price retracement.
The bullish flag pattern indicates further upside potential for XRP, driven by strong momentum. A successful breakout relies on increased trading volume confirming market participation. Traders should monitor resistance around $2.90 and support near $1.90.
