XRP/USDT – 1H – BUY

The 1H chart for XRP/USDT has fired multiple bullish signals, including a Trendline Break Up, Trendline Retreat Up, BOP Zero Cross Up, Bullish Harami Cross, and a Long Legged Doji. These suggest a potential short-term reversal attempt, with the trendline break and retreat indicating that buyers are defending a rising support line. The Bullish Harami and Long Legged Doji point to a shift in momentum, while the BOP crossing above zero reflects improving buying pressure. However, the SMA 20/50 Death Cross and the Fibonacci Break DownTrend (24%) add a bearish undertone, implying that the broader trend remains down.

Across higher timeframes, the trend is consistently bearish, with solid trends on the 15m, 4h, 8h, and 12h charts. This suggests that any bullish move on the 1H is likely a counter-trend bounce rather than a reversal. The nearest resistance at 1.00860 is a key level to watch; a break above it could open the door to further upside, while the nearest support at 0.98820 is critical. If that support fails, the bullish signals would be invalidated, and the bearish trend would likely resume.