Bird Sees XRP Doubling in Value Within Next Week Amid Bull Flag Pattern
Crypto analyst Bird expects XRP to hit $2 within the next week. According to his chart analysis, XRP has been trading near $1.40 on the 4-hour chart after a sharp advance from around $1 to over $1.58.
The asset is currently consolidating inside a descending channel, but Bird believes this structure will resolve higher. He points out that XRP's recent move was followed by a textbook bull flag consolidation, which he highlighted on the chart.
Bird's prediction is based on his interpretation of the bull flag pattern, which he expects to break above and result in a measured target zone around $2 to $2.04. He acknowledges that any market prediction carries uncertainty and notes that if he's wrong, 'who cares?'