XRP - Are You Ready?⏱

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

📊 After breaking below 0.55, XRP has been in the making of an Accumulation phase ranging between 0.45 and 0.55 for a couple of month.

The 0.5 zone is also a strong demand and support zone from Weekly timeframe.

📈 For the bulls to take over, and start the Markup phase, we need a daily candle close above 0.55.

📉 Meanwhile, XRP would be consolidating and can still test the lower bound of the range where we will be on the lookout for short-term buy setups.

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

Good luck!

And always remember: All strategies are good if managed properly!
~Rich