To visually support your XRP analysis, here’s how to mention the position on the chart:
Position Mention for XRP Breakout:
Chart Time Frame: 1-Day
Pattern: Bullish Flag Breakout
Breakout Level: Mark the resistance line of the flag pattern where price breaks out (e.g., around $0.54, if that's the level).
Entry Zone (Spot Buy): Just above the breakout point (e.g., $0.55–$0.58)
Stop-Loss (SL): Below the flag’s lower support or recent swing low (e.g., $0.50–$0.52)
Target Zones (TP):
Target 1: Near-term resistance (e.g., $0.65)
Target 2: Previous high / psychological level (e.g., $0.72 or $0.80)
Target 3 (Aggressive): Fib extension or resistance zone (e.g., $0.90+)
Would you like me to generate a sample chart image with these positions marked?
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