$XRP – 1H CHART ANALYSIS

Current Price: 1.4058 USDT

24H Change: -1.31%

MARKET STRUCTURE:

• XRP trading in descending channel

• Currently testing support near 1.3820 (24h low)

• Lower highs forming since 1.50 peak

KEY LEVELS:

Resistance: 1.4200 / 1.4400 / 1.4600

Support: 1.3820 / 1.3800

VOLUME:

• 112.3M XRP (24h)

• 158.4M USDT (24h)

• Recent volume: 773K XRP / 1.09M USDT

TRADING VIEW:

LONG

• Entry: Above 1.4200 (reversal confirmation)

• Target: 1.4400 / 1.4600

• Stop: 1.4000

SHORT

• Entry: Below 1.3800 (breakdown)

• Target: 1.3600 / 1.3400

• Stop: 1.4000

BIAS: Bearish until price reclaims 1.4200. Watch for support bounce or breakdown