XRP’s Bullish Flag Hints at a Breakout Towards $5.85

XRP is forming a bullish flag pattern on the daily chart, potentially signaling an imminent surge in price. If it successfully breaks above the resistance level of $2.47, this could lead to a significant rally towards the target of $5.85, representing a substantial increase of 134%. While a breakout is dependent on robust participation from traders during these sessions, analysts are optimistic about XRP’s future prospects based on its current position and historical trends.