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What is a Bull Flag Pattern? Explanation and ExamplesThe pattern culminates in a breakout where the price exits the flag pattern and surges through the upper trendline resistance. Bull flag patterns are best identified on a candlestick chart.
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XRP Rally Turns Into a Bull Trap, Potential Drop Below $3 LoomsAfter hitting $3.31, XRP’s price is about to fall below the upper trendline of the bull flag pattern. Indicators like the MACD show bearish momentum and validate the potential of an XRP price ...
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