Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
Here is a quick update on XRP 📚
👉As we can see price is trading inside this falling channel as a correction movement specially after breaking above our previous high and bulls took over then!
👉Meanwhile, as we are still overall bearish and price is approaching a massive zone, demand lining up with a support zone, Then for the bulls to take over we need a break above the marked major swing high and invalidation of the falling trendline,
If that happens then a movement higher would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
Here is a quick update on XRP 📚
👉As we can see price is trading inside this falling channel as a correction movement specially after breaking above our previous high and bulls took over then!
👉Meanwhile, as we are still overall bearish and price is approaching a massive zone, demand lining up with a support zone, Then for the bulls to take over we need a break above the marked major swing high and invalidation of the falling trendline,
If that happens then a movement higher would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!