$XRP /USDT Short-Term Market Structure and Technical Outlook
XRP/USDT is currently trading around the 1.44 zone after a sharp recovery from the recent intraday low near 1.3728. The price action shows a clear rebound from the lower Bollinger Band, indicating short-term buying interest after a corrective move. On the 1-hour timeframe, XRP has reclaimed the Bollinger mid-band near 1.4250, which is a positive technical signal suggesting momentum is shifting back in favor of buyers.
The upper Bollinger Band is positioned around 1.4647, acting as immediate resistance. A sustained move above this level could open the door for a retest of the recent swing high near 1.47. However, rejection from this zone may lead to consolidation between 1.42 and 1.46 before the next directional move. The lower band near 1.3854 remains a key support area, and a breakdown below it would weaken the current recovery structure.
RSI(6) is hovering around 64, reflecting strengthening bullish momentum but still below extreme overbought conditions. This suggests there is room for further upside, though short-term pullbacks are possible as traders lock in profits. Overall, XRP is showing signs of short-term stabilization after a volatile drop. As long as price holds above the mid-band and higher lows continue to form, the bias remains cautiously bullish, with traders closely watching volume and reaction near the 1.46 resistance zone for confirmation of the next move.
