I've been tracking $XRP closely throughout the London Session, and the 1H chart is setting up a clean risk-reward play.
Right now, $XRP is trading around $1.058 (-2.10% over the last 24 hours) with $156.0M in spot turnover. Meanwhile, traders are also reacting to today's macro headline: "Bitcoin sits out stock rebound as ETF outflows extend to fourth day".
📊 Key Levels on My 1H Chart:
📍 Current Price: $1.058
🛡️ Demand Zone (Support): $1.039
🚧 Supply Wall (Resistance): $1.074
📈 Trend Filter: 1H EMA-20 at $1.062 | ⚡ RSI(14) at 44.0
🟢 How I'm Playing the Upside:
I don't like chasing middle-of-the-range candles. My ideal long entry is either a clean retest and bounce off $1.039, or a confirmed 1H close above $1.074 with volume, keeping invalidation tight below $1.023.
🔴 What Flips Me Bearish:
If buyers fail to hold $1.039 and we see heavy sell volume, I'll step aside and wait for the liquidity sweep to finish before looking for entries alongside $BTC and $ETH.
💬 How are you trading $XRP today — Long, Short, or waiting for confirmation? Let's compare notes in the comments! 👇
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