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XRP price forms bullish pennant after 51% rally, is $2 next?
XRP price consolidated near $1.48 on Aug. 25 after gaining about 51.5% in seven days, with its 4-hour chart forming a potential bullish pennant that could support another advance if buyers clear resistance near $1.56.
XRP price rallied from about $1.00 to an intraday high near $1.69 over seven days.
The 4-hour chart shows a bullish pennant, with price compressing between converging trendlines.
A confirmed break above $1.56 could expose resistance at $1.66, $1.76, and $1.86.
Liquidation clusters near $1.55 and between $1.42 and $1.45 may influence the next move.#BTCBreaks$81k #CandyDrop1BTCForOldUsers #TopFiveLeaguesPreMatchPredictor #StakeALIGNShare10MTokens #GateStockInsightsChallenge $XRP