⚓️ We talked about #XRP 6 days ago and there is no change in the formation

📈 $XRP is displaying a clear bullish flag formation on the weekly chart. If this consolidation area breaks upwards, the potential for continued upward movement is noteworthy.

✍️ 3.50 USD stands out as a strong resistance point; if this area is exceeded, upward movements are expected to gain momentum.

✍️ Technically, maintaining above 2.45 USD is critical for preserving the positive structure. The first significant resistance to watch above this level is around 2.63 USD.

⚙️ Strategic Notes:

Increased volume during the breakout can confirm the technical structure.

According to the formation, the stop-loss level should be positioned just below the lower band of the flag.

In the analysis process, price movements should be interpreted alongside fundamental and technical data.

🌐 What is XRP?

✍️ XRP is a digital asset that operates on the XRP Ledger (XRPL) and is used within the RippleNet network. It stands out for its high transaction speed, low-cost transfer capability, and potential for institutional use. Its maximum supply is 100 billion units, with the circulating supply being approximately 59 billion.

‼️ This is not investment advice.

#XRP #Ripple