XRP is moving inside a bullish flag on the daily chart. Consider buying around the support zone. For the bullish scenario, the price must hold inside the flag; therefore, two consecutive daily candle closes below the flag will invalidate this analysis.
In case of a successful bounce from the support zone, the short-term target is:
🎯 $2.5777
And in case of a breakout above the daily SMA200 and the flag resistance, the next potential targets are:
🎯 $2.7845
🎯 $2.9913
🎯 $3.2471
🎯 $3.6607
⚠️ Always use a tight stop-loss and apply proper risk management.
✅ Trade here on $XRP
XRPUSDT
Perp
2.1272
-4.84%