XRP is currently in a strong upward channel, performing quite well on the technical side. From the chart, after completing a healthy consolidation, it has confirmed a breakout of the bull flag pattern. This consolidation process often indicates that strong subsequent upward momentum is brewing.
The current pullback is actually a good opportunity—rather than seeing it as a decline, it can be viewed as a re-entry point for the next wave of gains. In the context of an upward trend, the technical signals are very clear: there is still more room to grow. Based on the current trajectory, the next major target is set around $2.35.
For investors optimistic about the future market, now is the time to prepare for takeoff. As long as the upward channel remains intact, every retracement should be seen as a good opportunity to add positions, rather than a panic signal.
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DancingCandles
· 14h ago
Bull flag breakout, I saw this wave coming a long time ago, $2.35 is not a dream, everyone.
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DaoGovernanceOfficer
· 14h ago
empirically speaking, everyone calling this a "healthy consolidation" conveniently ignores the data on how often these patterns fail. but sure, $2.35 looks nice on a chart if you're into that sort of confirmation bias.
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ForumMiningMaster
· 14h ago
Is the bull flag breakout just like that? I already got in early, now it's just a matter of whether we can hold this rally, 2.35? Hmm... let's just aim for 1.5 first.
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YieldFarmRefugee
· 14h ago
The bull flag has broken, so it's time to follow. This pullback is indeed a good entry point, but it still depends on whether we can hold this channel. 2.35 is not far away.
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MevShadowranger
· 14h ago
Bull Flag breakout this wave does have some substance, but I'm more concerned about whether the $2.35 target can hold. Many predictions before have failed.
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Is a pullback just a bottom-fishing opportunity? I'm tired of hearing that phrase. The key is whether the buying can keep up.
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Only with a complete upward channel can you add positions. The current question is, when will it no longer be complete?
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No matter how good the technicals look, real money is needed to push it. Who is actually buying XRP in this wave?
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$2.35? Dream on. Let's see it break support first.
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The words sound pretty good. Every pullback is an opportunity. Every time I lose money. Haha.
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I've seen too many analysis models like this, and then what?
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Add more positions, add more. Small investors love to hear this. I'll just see who dares to really go all-in here.
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TestnetNomad
· 14h ago
Niuqi breakout this wave still looks promising, but is the target of $2.35 a bit too conservative?
XRP is currently in a strong upward channel, performing quite well on the technical side. From the chart, after completing a healthy consolidation, it has confirmed a breakout of the bull flag pattern. This consolidation process often indicates that strong subsequent upward momentum is brewing.
The current pullback is actually a good opportunity—rather than seeing it as a decline, it can be viewed as a re-entry point for the next wave of gains. In the context of an upward trend, the technical signals are very clear: there is still more room to grow. Based on the current trajectory, the next major target is set around $2.35.
For investors optimistic about the future market, now is the time to prepare for takeoff. As long as the upward channel remains intact, every retracement should be seen as a good opportunity to add positions, rather than a panic signal.