$XRP is forming a bull flag on the daily chart, following a 105% rally in November and December. 🔥

#XRP currently trading at $2.30, down 5.50% in the last 24 hours, it’s testing resistance around $2.42. A breakout above this level could confirm the pattern, paving the way for more upward movement.

A potential 72% rally toward $4 by February if the breakout holds.🚀

Technical Indicators 📊

➡️ RSI at 53, suggesting room for upward momentum.

➡️ Price remains above the 50-day EMA (~$2.03), reinforcing strong support for a breakout.

$XRP's bullish sentiment is further supported by a sharp rise in openinterest increasing from $2.71 billion to $4.49 billion on Jan. 7.📈