📈 XRP and the classic bullish flag – Continuation of growth? 🚀

The XRP coin has formed a classic bullish flag, which may signal a possible continuation of the upward movement. The current technical picture indicates price compression within a consolidation channel after an impulsive rise.

🔹 Current Price: 2.9262

🔹 Local Minimum of the Flag: 2.7280

🔹 Local Maximum: 3.1072

🎯 Potential targets upon breakout upwards (based on the height of the flag):

▫️Target 1: ~3.30

▫️Target 2: ~3.48

▫️Target 3 (extended): ~3.65

🛡️ Alternative scenario: In case of a breakdown downwards, a retest of the 2.72 level is possible, and even a drop to 2.60.

⚠️ This is not financial advice. Always conduct your own analysis before making trading decisions!