Technical analysis by TheSignalyst about Symbol XRP: Buy recommendation (5/16/2025)

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.As per our last XRP idea, attached on the chart, it rejected the lower green structure and surged by over 25%.📈XRP is now bullish long-term trading within the rising channel marked in blue.Moreover, the upper green zone is a strong structure!🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support.📚 As per my trading style:As #XRP retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich