XRP - History Repeating Itself...
2024-11-28

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

📔I find the  BINANCE:XRPUSDT  4H chart interesting.

 Do you notice a pattern here? 

Take a look at the first two red arrows.

📊Mid-November, XRP made a lower low (red arrows), got stuck within a range (green zone), and finally broke above the green zone to start its bullish impulse.

Currently, XRP seems to be forming a similar pattern.

 🔄 If history repeats itself,  a break above the green zone around $1.53 is needed to signal the start of the next bullish movement.

🎯Once the setup is activated, I will target the $2 mark!

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich