For those watching XRP at 1.4211 USDT, the 1H candles closed between 05:00 and 06:00 show a clear change: the close was 1.4096, below the prior 00:00—04:00 4H low. This is the 1H closing conclusion; you can’t say that the earlier 4H also broke down.

This 1H spot trading amount is about 13.9305 million USDT; the previous hour was about 5.7915 million, or roughly 2.41 times. The close rebounded from the current low 1.4028 by 0.0068. The increase in volume/amount and the recovery after the low are worth keeping in the analysis.

If afterward there is an already closed 1H that returns above 1.4211, the conclusion of this close should be reassessed. If there is one consecutive 1H close still below 1.4211 and then another break-up reaching 1.4028, only then is the weakness given an additional layer of evidence. These two price levels come from different time buckets and are marked separately on the chart. For market observation only and does not constitute trading advice.

If the next 1H close rebounds and touches 1.4211 but still closes below it, would you treat this level as new resistance?

#XRP