A Bullish XRP Flag Emerges as $5 Call Options Heat Up: Godbole

Quick Summary:

XRP is forming a bull flag after a rally of nearly 500% to $2.9 in the four weeks to Dec.3.

"Flags preceded by a rise of 90% or more have almost zero failure rate and an average return of 69%," Kirkpatrick added.

That's the message from the price chart and options market.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets: United StatesCuba

Topics: Markets Technical Analysis Options XRP

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 13:50:13 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 337 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24354802

View Article Analysis

About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions