XRP is currently showing a weekly bull flag pattern, a technical consolidation phase that often precedes a significant upward price movement.
This formation suggests strong underlying bullish momentum, and a breakout from this pattern could propel XRP to new yearly highs.
Earlier in the year, in March 2025, the SEC dropped its appeal in the Ripple Labs lawsuit.
Later in the year, in June 2025, decisions regarding an XRP ETF to be announced
This formation suggests strong underlying bullish momentum, and a breakout from this pattern could propel XRP to new yearly highs.
Earlier in the year, in March 2025, the SEC dropped its appeal in the Ripple Labs lawsuit.
Later in the year, in June 2025, decisions regarding an XRP ETF to be announced
Trade active
Pattern still valid. Consolidation seems to have ended, now showing potential to resume uptrend Trade closed: target reached
Breakout confirmed with $5 now looking possible Note
$5 looks simple now. May I say $10 by end of year ?
Like, comment or follow if you like my ideas!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like, comment or follow if you like my ideas!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.