$XRP Would Reach 4 Dollars According to Technical Analysis 🚀🐋
Identification of a Clear Market PatternXRP has surged by 292.55% in 2024, with a price increase from $0.50 to $2.41. Analysts are optimistic about its potential, with price targets reaching $48.
A bullish flag chart pattern suggests that XRP could soon reach $4, although a brief correction may occur before the next rally.
Cryptocurrency analysts believe that XRP has a long-term future, and some project that its price could reach $48. These projections reinforce expectations about XRP's growth within the market, especially as its utility and adoption increase.
📈 Bullish flag patterns are usually considered ongoing bullish signals and, therefore, should indicate that the price will continue to rise in the next period; in the case of XRP, the height of the flagpole, which started around November 29, points to a price target of around $4.