XRP has been coiling up inside a textbook symmetrical triangle on the 4H timeframe.
๐ป Sellers are defending the descending trendline (red arrows).
๐น Buyers keep stepping in at the rising support (blue arrows).
๐ 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.
๐ A breakout from this formation will likely define XRPโs next major move โ either continuation higher or a bearish breakdown.
This clean structure makes XRP one of the most exciting charts to watch this month!
โ ๏ธ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!