WHAT'S NEXT ON XRPHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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XRP Zoomed out picture. 📚
👉As we mentioned before in our analysis, bulls took over after breaking above our major swing high, resulting a strong rejection of our massive support zone.
👉Meanwhile, from a Medium-term price is still overall bearish trading inside this channel, and for the bulls to kick in we need a new swing high to be formed then a break as shown on the chart
👉Until that happens price is still bearish, and as we are still around our lower bound of this channel lining up with a demand zone, we will be looking for new bullish correction.
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!