XRP NEXT IMPULSE WAVE

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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XRP FROM A LONG-TERM PERSPECTIVE

As we can see price is still overall bullish trading inside this rising broadening wadge pattern

However, from a zoomed-out picture we can realize that price got stuck inside this big rangy market.

Moreover, for the bulls to kick in for a new impulse wave, then we need a break above the upper bound.

Until that as the price will be approaching our lower rising trendline, we will be looking for new bullish movement from a shorter-term perspective.


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!
Chart PatternsSupport and ResistanceTrend Analysis

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