Renowned technical analyst Peter Brandt has posted a daily price chart suggesting a "bull flag" continuation pattern for XRP/USDT. Brandt's chart indicates that XRP rallied sharply earlier in January, formed a peak, and then entered a brief pullback creating a bull flag pattern. Brandt's projected breakout could target the next prominent overhead region near $3.5487, with the ultimate bullish objective at $4.39541. The chart also shows two moving averages, indicating short-term support levels and reinforcing the broader uptrend. Traders have discussed and confirmed the bullish pattern using Wyckoff analysis. The Wyckoff-based chart shows that XRP has been tracing classic phases, including an Automatic Rally, Secondary Tests, and a Sign of Strength. Successful confirmation of the Sign of Strength could pave the way for continued upside. At the time of writing, XRP is trading at $3.09.



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