XRP Price Forecast: A Look at the Potential Breakout

XRP is currently consolidating within a well-defined bull flag pattern, following its explosive rally above $3.50. This upward trend is indicated by the weekly timeframe’s bullish flag and hints at a continuation of its growth. The downward-sloping channel has contained price action since late 2023, suggesting healthy retracements before further gains. Dynamic support near $1.20 and resistance near the upper trendline are defining the current price movement.