XRP Pullback Seen as Bullish Retest After Flag Breakout

[madmax]

XRP has dropped 10.5% over the past three days, but analysts say the move may be a healthy retest rather than a breakdown. The token recently broke out of a bull flag pattern, and the current pullback toward the mid-$1.40 range could confirm former resistance as new support—a typical continuation signal in technical analysis.

If XRP holds above this level, which aligns with its 20-day moving average, the bullish setup remains intact. The breakout structure points to a potential upside target between $1.70 and $1.72, suggesting further gains of around 20% from current levels if momentum resumes.

[etfs]

Down 10% but ‘still bullish