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【XRP holds the key level at 1.32! The bulls are mounting a counterattack, and a rebound is expected today】
Structural Analysis (1H + 4H)
4-hour level
Current price 1.32 is in the oscillation center area’s lower region (within 1.30–1.38)
The 1.30 support below has been validated through multiple tests as effective
Current structure:
Consolidation after pulling back to support (slightly bullish)
1-hour level
Signs of a bottoming signal appear (the low no longer keeps moving lower)
Candlesticks start to lift the lows slightly
The moving averages gradually flatten, with signs of turning upward
In essence:
Short-term shift from weakness to stability → Expecting a rebound
Bullish reasoning (core basis)
1.30 support is effective (tested multiple times without breaking)
A stop-to-decline signal + stabilization structure appears in the shorter cycle
If it breaks through 1.335–1.34, it will open up room for the rebound
Currently:
Near the lower end of the range → better cost-effectiveness for going long
Conclusion:
The current position is suitable to try going long with a light position
【XRP Today’s Long Position Strategy】
Entry point: 1.324
First take profit: 1.34
Second take profit: 1.353
Stop-loss position: 1.31