XRP/USD (CB) Price Action followup

Keeping an eye on this range within the Orange Elipse on the Daily chart. This is a follow up to the chart I posted 12/31...

XRP price action seems to be forming a flag after run-up (Bullish). It did get rejected at top flag downtrend line, which also coincides with some Fib levels... BTW - These fib levels were drawn to represent the price values during the most recent run-up, but they do not represent any fib (or other) timelines...

IMO - Still bullish above $1.8.