🟢 $XRP Price Forms Rare Bull Flag – $10 Target Ahead of SEC Decision

📈 After a 190-day consolidation, XRP is flashing a textbook bull flag pattern—often a precursor to major upside moves. The prior 586% rally from $0.49 to $3.37 forms the flagpole, and the recent downtrending channel makes up the flag.

🚀 If confirmed, the breakout target lands near $10, supported by the 161.8% Fib extension at $11.09, adding confluence to the bullish setup.

🔍 On-chain activity supports this outlook: Daily Active Addresses surged 1,609% on June 10. This spike could signal whale accumulation or a wave of retail FOMO, especially with Ripple’s recent partnerships and new developments like tokenized US Treasuries on the XRP Ledger.

💼 Adding fuel, two key whale cohorts have added over 3.3 billion XRP since November—historically timing accumulation before major rallies.

⚖️ The SEC must submit a legal update by June 16, and while the timeline for a resolution is uncertain, anticipation is growing across the XRP community.

📊 XRP is currently trading at $2.29, up ~1% today, with volume jumping from $350M to $2.46B—suggesting momentum is building.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.