XRP on the go!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 Medium-Term: XRP has been in a correction phase trading within the falling wedge marked in red.

📍 As it retests the lower bound of the channel — which perfectly intersects with the orange demand zone and the $1.5 round number — I’ll be looking for short-term longs.

🚀 For the bulls to take over in the long term and kick off the next bullish phase, a breakout above the red structure at $2.26 is needed.

Which scenario do you think will happen first — and why?

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich