XRP – Bulls Still in Control?

XRP’s momentum has shifted from bearish to bullish after reclaiming key structure and breaking out from the previous falling channel marked in red 🚀

Currently, XRP is trading within a rising broadening wedge marked in blue, reflecting strong bullish pressure despite the ongoing volatility.

As XRP retests the intersection of the lower blue trendline and the red structure zone, we will be looking for trend-following longs 📊

As long as this confluence area holds, the bulls remain in control and new highs could be next.

Will XRP bounce from this support and continue the bullish expansion? 🤔

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr