XRP Forms Fifth Wave and Bullish Flag With Potential Breakout Ab

According to wave analysis, XRP is trying to form a fifth fall, according to wave analysis, after breaking through the fifth wave , price growth is often observed

There is also an attempt to exit the descending corridor, which forms the bullish flag pattern

The descending corridor was formed after exiting the global butterfly pattern

On the minute timeframe, we see two patterns that tried to break through the upper border of the descending corridor, these are the head and shoulders, and the butterfly

Current price: $3.2830

If there is a breakthrough of the upper border of the descending level, according to the bullish flag pattern, the price is more likely to rise to the level of $3.30, after which it can go to the levels of $3.33

Also, if the price does not hold after the breakthrough, it can fall to the level of $3.2637 and below