XRP/USDT – 1H – SELL

The 1H chart for XRP/USDT has fired a dense cluster of bearish signals, including a Bear Pennant breakdown, a Bearish Engulfing candlestick, and multiple moving-average retreats (MA and TRIMA) below the middle Bollinger Band. The BOP zero-cross down and STOCH KD cross down confirm that selling pressure is intensifying, while the Fibonacci breakdown to the 0% retracement level suggests the pullback has extended deeply. Together, these signals point to a continuation of the downtrend, with the nearest support at 1.05710 as the immediate downside target.

Across timeframes, the bias is uniformly bearish, though the trend strength is weak (scores of 1-2/5) on most frames, indicating choppy, sideways action rather than a strong directional push. The 1H and 2H frames show a forming trend, which adds some conviction, but the lack of strong momentum on higher timeframes means the move could be prone to whipsaws. The key resistance to watch is 1.09500; a reclaim of that level would invalidate the bearish setup and signal a potential reversal.