In its current state, it has been stuck in the $2.25 - $2.9 range for months. In order to continue the uptrend and work the flag formation, it must first rise above $2.9 and then make a new ATH. In its current state, it is expected to go back and forth between $2.25 - $2.9. I am following the support and resistance levels I marked on the chart. If $2.25 is lost, these formations will not work.
In the uptrend if it happens, my possible new ATH (taking profit) targets are: $3.5 - $3.9 - $4.5 - $4.9 - $5.5. The big flag formation target is between $10-11. For now, I am holding for the more realistic targets of $3.5 and $3.9. If things go well for XRP for those who want to hold for the long term, for years, why not a $10 target. But no one can know that.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.