$XRP

XRP, bullish flag, bullish all the way.

The 4-hour trend forms a regular bullish flag triangle, and after a brief adjustment, it generally continues with a round of upward movement, currently in the 5-wave pattern of the 4-hour chart, and is expected to oscillate within the flag. A breakout above the upper boundary will lead to a round of increase, while a drop below the lower boundary indicates a failure of the pattern. The upper and lower boundaries of the flag can serve as support and resistance.

The specific trend and pattern boundaries are shown in the figure.

笔谈KOL社区