XRP recently suffered a 50% flash crash, sparking concern among traders. Despite this, analyst Cryptoinsightuk maintains a bullish outlook, citing the absence of downside liquidity and potential for recovery as liquidity returns. The analyst points out that the weekly chart remains intact and the broader market structure is still bullish. Additionally, the daily RSI has entered oversold territory, historically a precursor to price increases. A fractal pattern also suggests a possible upward move if the trend repeats.