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

1. XRP / USDT Market Overview:

• Current Market Price: $2.2045

• Trend: Short-term bullish recovery after hitting local low at $2.1166

2. XRP / USDT Technical Analysis:

• MACD: Bullish crossover, histogram in green

• RSI(6): 64 – near overbought, momentum still positive

• Stoch RSI: Above 85 – nearing exhaustion

• Price trading above EMA 21, 50, and 200 – bullish alignment

Supports:

• $2.135 – previous bounce zone

• $2.116 – local swing low

Resistances:

• $2.222 – minor rejection zone

• $2.301 – recent high

3. $XRP / USDT Spot Trading Setup:

• Buy Zone: $2.15 – $2.18 (price above EMA cluster, strong support)

• TP1: $2.22 – minor resistance

• TP2: $2.30 – recent high

• TP3: $2.34 – psychological resistance

• SL: $2.11 – below swing low and EMA200

Best Course of Action:

Buy – Momentum indicators favor bulls, buy pullback near support with tight stop.

4. $XRP / USDT Futures Trading Setup:

• Long Entry: $2.16 – $2.18

• TP1: $2.22 – intraday resistance

• TP2: $2.30 – swing high

• TP3: $2.34 – extended move target

• SL: $2.11 – under EMA200 and recent low

• Short Entry: $2.30 – $2.34 if rejected

• TP1: $2.22 – support zone

• TP2: $2.18 – EMA confluence

• TP3: $2.13 – strong support

• SL: $2.36 – invalidation above structure

Best Course of Action:

Long – Price recovering strongly with EMA support and bullish MACD crossover.

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