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Bullish Flag: XRP Bullish Flag Breakout

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This Bullish Flag pattern on the 4-hour chart indicates a potential upward breakout for XRP. After a strong rally, the price entered a consolidation phase, forming a flag-like structure. The pattern is characterized by a sharp move up (the flagpole) followed by a period of downward-sloping price action (the flag). The current price action shows that the flag has formed with significant support near the bottom of the flag, and a breakout above the upper trendline could signal the continuation of the bullish trend.

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