$XRP Trading strategy on the 1-hour timeframe based on current technical indicators and price action:

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1. XRP / USDT Market Overview:

• Current Market Price: $2.1403

• Trend: Bearish (price trading below EMA21, EMA50, and EMA200)

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2. XRP / USDT Technical analysts:

• Stochastic RSI: Oversold (4.01), momentum weak

• MACD: Bearish, histogram still red

• RSI(6): 23.37 – Strongly oversold

Supports:

• $2.094 – Local bottom and wick recovery zone

• $2.129 – EMA200 dynamic support

Resistance:

• $2.185 – EMA50 overhead resistance

• $2.190 – EMA21 confluence resistance

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3. $XRP / USDT Spot Trading Setup:

• Buying Zone: $2.09–$2.14 – Oversold with EMA200 support

• TP1: $2.185 – EMA50 reclaim target

• TP2: $2.190 – EMA21 confluence target

• TP3: $2.22 – Recent structure high

• SL: Below $2.08 – Breaks support structure

————XRP / USDT SPOT Trading Best Course of Action:

Buy – Oversold indicators + support zone suggest good bounce potential toward EMAs.

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4. $XRP / USDT Futures Trading Setup:

• Long Entry: $2.09–$2.14

• TP1: $2.185 – EMA50 resistance

• TP2: $2.190 – EMA21 level

• TP3: $2.22 – Structure rebound zone

• SL: $2.08 – Breaks key support

• Short Entry: $2.19–$2.22 (if rejected)

• TP1: $2.14 – Return to demand

• TP2: $2.12 – EMA200 retest

• TP3: $2.09 – Bottom range

• SL: $2.23 – Invalidates breakdown

————XRP / USDT FUTURE Trading

Best Course of Action: Long – Oversold metrics and EMA200 support favor bounce setups short-term.

[Note: This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.]