I just noticed XRP has risen to $1.46 and is forming a pattern similar to the previous bullish flag breakout. Back then, XRP increased by 66% in less than two weeks, and now it looks like the pattern might repeat.

Interestingly, XRP is testing the $1.42 level as a major resistance. If it successfully breaks above, the next target of $1.47 to $1.50 is wide open. But the $1.40 level is also very important—it's like a psychological support. If XRP falls below it, it could drop to the $1.34-$1.37 zone.

I’ve observed trading volume on major exchanges has dropped to the lowest level since 2020, indicating conditions are ready for a big move. The 20-day and 50-day moving averages are also approaching a bullish crossover. XRP has been making higher lows, so the short-term bullish structure remains strong.

What to watch: can XRP hold above $1.40 and continue pushing to $1.42? If the resistance at $1.42 finally breaks, the momentum could continue. But if it fails, a quick reversal could happen. The low liquidity could make movements more extreme, so be cautious with your positions.