🚀 XRP/USDT — Storming the resistance on 1H | Preparing for the impulse
Brief:
XRP is consolidating under the key resistance of 1.9588, holding above all major EMAs. The market structure remains bullish, but due to local overbought conditions, a short pullback may occur before continuing the rise.
📊 Indicators (1H):
Price: 1.9300
EMA 21 / 50 / 99: 1.9192 / 1.9151 / 1.9112 — confident upward trend
RSI (14): 56.6 — moderately bullish, there is room to move
Stoch RSI: 77 — overbought zone, a correction is possible
MACD: weak bullish divergence
🧭 Trading plan
Main scenario: Long from support or on a breakout of resistance
🎯 Targets:
1.9588 — +1.45%
2.0000 — +3.63%
2.1000 — +8.82%
📍 Entry:
Conservative: pullback to the zone of 1.9000–1.9100
Aggressive: consolidation above 1.9588
🛑 Stop-Loss:
1.8900 — below EMA and local support
📌 Conclusion
The trend is on the side of buyers. The best setup is to enter after a correction or a confident breakout of 1.9588 with volume. Risk control is essential — the market is close to an impulse.
Spot trading 👉$XRP
Futures 👇
