[Crypto_Market_Analyst]XRP Forms Largest Bull Flag in Cryptocurrency Hist

Data confirms that XRP has formed what is possibly the largest bull flag in cryptocurrency history amid its sustained performance below the January 2018 all-time high of $3.84.Abs, a prominent market commentator and a member of the 3T Warrior Academy Research team, disclosed this in a recent post on X. He cited XRP’s price movements on the monthly timeframe, noting that the flag formation could lead to a substantial bull run.A Unique PositionNotably, data from the 1-month chart brings credence to the claim. Recall that XRP leveraged the bull market of 2018 to record an impressive all-time high of $3.84 in January 2018, having surged by a mind-blowing 127,900% from the $0.0030 value it witnessed in January 2017.However, after XRP attained the $3.84 high in January 2018, the digital asset started recording a collapse. The bears looked to trigger a retracement that would see XRP relinquish all the gains picked up in 2017, one of its most successful years.XRP corrected most of these gains, but remained above its initial price before the 2017 rally. All efforts at recovering the lost values and reclaiming the ATH have proven abortive. Abs pointed out that several market analysts attributed XRP’s inability to reclaim the $3.84 ATH to the SEC lawsuit.

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