XRP – Compression Before Expansion?

XRP is currently bullish, trading within a rising wedge in blue.

Momentum is building… but still waiting for confirmation.

For the bulls to take over and kick off the next impulse upward, a clean break above the minor red channel is needed 🚀

Until then, price remains in a compression phase.

Meanwhile, if XRP dips back into the accumulation zone, that would open the door for fresh trend-following long setups from value.

Structure is tightening… move is coming.

Which way do you see it breaking? 🐂🐻

⚠️ 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

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