$XRP đ XRPUSDT â 1H Analysis (Simple & Clear)
From the chart I see:
Price now around 1.42
After strong pump near 1.60, market rejected hard đ
Now moving in a small downtrend
Bollinger Bands slightly opening â volatility coming âĄ
RSI near 40 zone â not oversold yet, still weak
đ Structure showing lower highs + lower lows
So currently sellers have control.
đ Key Levels
đŽ Resistance: 1.48 â 1.50
đą Support: 1.39 â 1.40
Strong support below: 1.30 area
If 1.39 breaks clearly, next drop can come fast.
đĄ My Trade Plan
đ Short Trade (Safer Setup)
Entry: Below 1.39 (after clear candle close)
Target 1: 1.35
Target 2: 1.30
Stop Loss: Above 1.43
Reason: Trend is bearish + RSI weak + price below middle Bollinger band.
đ Long Trade (Only ifâŠ)
Take long only if:
Price closes above 1.45
RSI crosses 50
Momentum strong
Then target:
đŻ 1.48
đŻ 1.52
Stop loss below 1.41
Trade here đ
