1 Hour Strategy (Intraday Trading XRP/USDT)

1. Check Order Book Dominance

Currently, the bid (buyers) is greater (55.88%) than the ask (sellers), meaning there is buying pressure.

This could be a signal for an upward movement in the near future. But don’t rely solely on this, combine it with technical indicators.

2. Use Technical Indicators

If you use a charting tool (like TradingView), use:

EMA 9 and EMA 21 → For detecting short-term trends. Buy when EMA 9 crosses above EMA 21.

RSI (Relative Strength Index) → Avoid buying when RSI > 70 (overbought), safer to enter when RSI is between 30–50.

Volume → Pay attention to whether there is a spike in volume supporting the price direction.

3. Entry & Exit Plan

Entry Buy: If the price breaks a small resistance, for example, 2.0450 – 2.0460 (dominant ask price).

Target Profit: Take small TP like +0.0050 or +0.0100 (for example, buy at 2.0450, TP at 2.0500).

Stop Loss: Below minor support or -0.0050 from entry (for example, SL at 2.0400).

4. Use 1m – 5m Time Frame for Entry

The 1 hour time frame is used for trend direction analysis, but execution should preferably be on the 1 minute or 5 minute time frame.

5. Risk Management

Use a maximum of 1–2% of total capital for each position.

Don’t be greedy, 2–3 successful positions per day is enough.$XRP #SECGuidance #VoteToListOnBinance #BTCRebound