XRP/USDT – 1H – SELL

XRP/USDT on the 1H timeframe has triggered a confluence of bearish signals, including a Trendline Break Down, Double Top, and Triple Top patterns, alongside multiple oscillator exits from oversold territory (CMO, STOCH, WILLR) and a BOP Zero Cross Up. Despite the oscillator cross-ups suggesting short-term buying pressure, the overall structure remains bearish as these signals likely represent a temporary bounce within a larger downtrend. The trend across timeframes is consistently bearish from 15m to 4H, with solid trend scores, while higher timeframes (8H to 1D) show choppy sideways action but still bearish bias. The nearest resistance at 1.11670 is a key level to watch; a failure to break above it would reinforce the bearish outlook. The absence of a defined support level suggests potential for further downside if selling pressure resumes.