XRP has been coiling up inside a textbook symmetrical triangle on the 4H timeframe.
🔻 Sellers are defending the descending trendline (red arrows).
🔹 Buyers keep stepping in at the rising support (blue arrows).
📉 Price is now retesting the lower bound, and as long as this zone holds, we can anticipate a potential bounce back toward the upper boundary.
🚀 A breakout from this formation will likely define XRP’s next major move — either continuation higher or a bearish breakdown.
This clean structure makes XRP one of the most exciting charts to watch this month!
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
🔻 Sellers are defending the descending trendline (red arrows).
🔹 Buyers keep stepping in at the rising support (blue arrows).
📉 Price is now retesting the lower bound, and as long as this zone holds, we can anticipate a potential bounce back toward the upper boundary.
🚀 A breakout from this formation will likely define XRP’s next major move — either continuation higher or a bearish breakdown.
This clean structure makes XRP one of the most exciting charts to watch this month!
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.