⚓️ $XRP is exhibiting a distinct bullish flag formation on the weekly chart. In the event of a breakout to the upside, there is potential for a rise up to the yellow lines.
However, the $3.50 level stands out as a strong resistance point. Overcoming this level is critical for the continuation of upward movement.
🔍 In terms of technical indicators, it is important for XRP to maintain above the $2.45 level for the continuation of the bullish trend. The first target above this level should be the $2.63 level.
📊 According to current price data, XRP is currently trading at $2.23. The intraday high price recorded is $2.28, and the lowest price is $2.22.
📌 This content is not investment advice.
#XRP #Ripple #Cryptocurrency #TechnicalAnalysis