Everyone, today let's not talk about BTC. Instead, let's analyze a recent pattern that has caught the attention of many traders—the bullish flag formation on the weekly chart of XRP. Once this structure took shape, I saw several seasoned traders quietly update their trading plans, with the $4.00 target price back on their watchlist. Missing out on this kind of pattern analysis could make you regret it later.

Honestly, I’ve been observing XRP’s movements for nearly five years. This weekly adjustment pattern is definitely not just a typical oscillation or bottoming process. It’s a sign that the bulls are gathering strength, especially considering the sharp rebound from the $1.61 support level. The bulls’ attitude is very clear—they’re not willing to give the bears much room to show their hand.

Let me give some basic knowledge for beginners. A bullish flag pattern is essentially a "resting point" within an uptrend. How to understand this? First, the market experiences a strong rally, which is called the "flagpole." Then it enters a downward-sloping consolidation phase, forming the "flag." XRP’s recent movement fits this pattern perfectly—the initial surge built a solid flagpole, and now it’s consolidating within the channel, which aligns with the classic bullish continuation pattern.

Why am I so optimistic about this pattern? There are two key indicators. The first is the timeframe. Patterns confirmed on the weekly chart are far more reliable than those on the daily chart. Why? Because structures formed on the weekly timeframe are traces of large funds gradually accumulating, not just emotional swings of small retail traders. The second is the stability of the support. The $1.61 lower boundary has been tested for over three weeks. Each time it’s touched, the rebound has been decisive. The long lower shadow on last week’s candlestick especially indicates a strong "defense" by the bulls.

From a more macro perspective, XRP is currently at a very interesting junction. There’s resistance above and support below. The appearance of a bullish flag in such an environment suggests that market participants have a consensus on further upside. The bulls are unlikely to give up easily, and the bears can’t mount a significant attack. This stalemate often precedes a major move—what we call a "calm before the storm."

For medium-term trading, a breakout after this pattern completes could be a good entry point. Be mentally prepared, as the pattern may take some time to fully develop—no need to rush. But in terms of potential returns, once the weekly pattern is triggered, it can offer substantial profit opportunities. The $4.00 target isn’t just a random number; it’s a reasonable goal derived from the previous high and current structural analysis.

In summary, don’t just focus on daily price fluctuations. Sometimes, the real opportunity lies in these medium-term patterns that most people overlook. XRP’s weekly bullish flag pattern is worth paying more attention to.