🚀 XRP is heating up! Despite a 10% dip this week, the payments-focused crypto is forming a bull flag, a pattern hinting at a potential rally. 📈
- Technical analyst Charles Kirkpatrick notes that such flags often signal further gains, especially after a sharp uptrend.
- XRP's recent 500% surge to $2.9 suggests a possible breakout to $5.
- Deribit data shows increased activity in $5 strike call options, indicating bullish sentiment.
Remember, patterns aren't foolproof, and market dynamics can shift quickly. What are your thoughts on XRP's potential? Share in the comments!