XRP - Critical Zone 👀

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

XRP has been stuck inside a big range between our 0.3 support and 0.6 resistance.

📈 For the bulls to take over from a MACRO perspective, we need a weekly candle close above 0.6

In this case, a movement till the 1.0 resistance would be expected.

📉 Meanwhile, 0.6 zone is acting as a resistance, hence if we break below 0.5 , we will expect further bearish movement.

Which scenario is more likely to happen next? and why?

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich