⛳ $XRP is in the final phase of a bullish pennant, a technical analysis figure that often anticipates upward movements.
📉However, the current macroeconomic context does not support this. Tensions in the Middle East and the Federal Reserve's decision to keep interest rates high create uncertainty, which dampens interest in risk assets like cryptocurrencies.
🚀Nevertheless, there are other factors at play that could drive the price of XRP, such as the launch of ETFs in the United States or the surge in institutional adoption of the Ripple Labs asset.