XRP/USDT – 1H – SELL

The XRP/USDT 1H chart has triggered a confluence of bearish signals, including a BOP Zero Cross Down, STOCHF KD Cross Down, BBANDS MIDDLE Cross Down, TRIMA Retreat Down, HT PHASOR Inphase Cross Down, Fibonacci Break DownTrend (0%), and a Bearish Harami candlestick pattern. This high-probability setup indicates strong selling pressure and a potential trend reversal or continuation of the broader bearish bias. The Fibonacci breakdown from the 0% level suggests that key retracement levels have been broken, reinforcing downside momentum.

Despite the 1H timeframe being bullish and choppy on its own, the alignment of multiple indicators and patterns points to a bearish shift. The longer-term timeframes (4H to 1D) are bearish, adding weight to the sell signal. Key levels to watch are resistance at 1.09370 and support at 1.04500. A break below support would confirm the bearish outlook, while a reclaim of resistance could invalidate the signal.