XRP/USDT 1H K-Line Analysis & Trade Plan

$XRP ‌

XRP Holds Above Key Moving Averages — Can Buyers Reclaim $1.3744?

XRP/USDT is trading around $1.3620, up approximately 1.02%, after a strong move from the $1.3100 low to a 24-hour high of $1.3744. The 1H chart shows improving bullish structure, but the latest red candles indicate short-term profit-taking near resistance.

My K-Line Take

The 1H candles show a clear recovery from the $1.3100 area, with buyers gradually creating higher lows and pushing price above the major short-term moving averages.

Current moving averages:

MA5: $1.3596

MA10: $1.3537

MA30: $1.3432

Price remains above all three averages, which keeps the short-term structure bullish.

However, XRP was rejected around $1.3744, producing several red candles afterward. This tells me that buyers are facing supply near the recent high.

Momentum

MACD remains supportive:

DIF: 0.0035

DEA: -0.0003

MACD: 0.0038

The positive MACD reading suggests that bullish momentum is still present, although the recent red candles warn that momentum could cool before the next move.

Key Levels

Resistance

R1: $1.3744

R2: $1.3808

Support

S1: $1.3590–$1.3537

S2: $1.3432

S3: $1.3228

Major support: $1.3100

My Trade Plan

Bullish Breakout Setup

I would prefer confirmation rather than chasing XRP directly under resistance.

Entry: $1.3750–$1.3780 after a confirmed 1H breakout
Stop Loss: $1.3590
Target 1: $1.3900
Target 2: $1.4050
Target 3: $1.4250

The key confirmation is a 1H candle closing above $1.3744 with strong volume.

Pullback Long Setup

If XRP pulls back toward the moving-average support zone:

Entry: $1.3540–$1.3600
Stop Loss: $1.3420
Target 1: $1.3744
Target 2: $1.3900
Target 3: $1.4050

This setup offers a better risk-to-reward profile if buyers defend the MA5/MA10 area.

Bearish Invalidation

If XRP loses $1.3432 on a convincing 1H close, the bullish structure becomes significantly weaker.

A break below $1.3432 could open the way toward:

$1.3228 → $1.3100

Therefore, I would not force a long trade if support starts breaking with increasing sell volume.

Final Take

My bias is cautiously bullish above $1.3537–$1.3432.

XRP has strong short-term recovery structure, but $1.3744 is the immediate battle zone. I would wait for either a confirmed breakout above $1.3744 or a controlled pullback into support rather than entering in the middle of the range.

Bullish trigger: $1.3744 breakout
Key support: $1.3537 / $1.3432
Major invalidation: $1.3100
Upside zone: $1.3900–$1.4250

Risk note: The chart displays 20x leverage. At that leverage, even a relatively small move against the position can cause a large loss or liquidation. Position size and stop-loss discipline are critical.#GateEventContractTradeSharingChallenge