The XRP/USDT 1-hour chart is clearly showing a phase where the market is trying to find balance after a strong sell-off. XRP, known for sharp directional moves after consolidation, is once again sitting at a critical price zone that could define its next short-term trend.
Market Overview
At the time of the chart, XRP/USDT is trading around 1.90 – 1.91. After spending time above the 2.00 psychological level, price faced rejection and experienced a strong bearish impulse, pushing it sharply lower. However, sellers lost momentum near the lows, allowing buyers to step in and stabilize the price.
This shift from aggressive selling to sideways movement often signals indecision — and indecision usually comes before a breakout.
Price Action Analysis
Key price action insights from the chart:
XRP previously formed lower highs, showing weakening bullish momentum
A sharp bearish candle broke key intraday support
After the drop, price formed a V-shaped recovery, indicating dip buying
Current structure shows consolidation with small candles, reflecting reduced volatility
This type of behavior suggests the market is absorbing supply and preparing for its next direction.
Support and Resistance Zones
Understanding these zones is critical:
Immediate Support: 1.88 – 1.89
Major Support: 1.85
Immediate Resistance: 1.93 – 1.95
Major Resistance: 2.00 – 2.05
A clean break below 1.88 could trigger another bearish wave toward 1.85. On the flip side, a strong breakout above 1.95 may bring buyers back into control, targeting the 2.00+ zone again.
Volume Behavior
The sell-off was accompanied by a clear increase in volume, confirming strong participation from sellers. After the drop, volume declined significantly, which is typical during consolidation phases.
Low volume at support often suggests that selling pressure is drying up, increasing the probability of either accumulation or a relief rally.
Market Sentiment
Current sentiment appears neutral to slightly bearish, but fear is no longer dominant. Traders are cautious, waiting for confirmation. XRP’s history shows that once momentum returns, moves can be fast and aggressive, especially near round-number levels like 2.00.
Possible Scenarios Ahead
1. Bearish Continuation:
If support fails, XRP could retest 1.85, where stronger buyers are expected.
2. Range-Bound Consolidation:
Price may continue moving between 1.88 and 1.95, forming a base.
3. Bullish Recovery:
A strong push above 1.95 with volume could send XRP back toward 2.00 – 2.05.
Final Thoughts
XRP/USDT is currently at a make-or-break zone. The strong sell-off has paused, and the market is now waiting for its next catalyst. Traders who remain patient, respect support and resistance, and wait for clear confirmation with volume will be better positioned for the next move.
In crypto trading, it’s not about predicting the move — it’s about being ready when the move happens.
