📊 XRP/USDT 1H Technical Analysis Deep Dive

1. Trend Structure and Moving Average Patterns

After a unilateral decline from the previous high of 2.066 USDT, the price found key support at 1.847 USDT and began to rebound. Currently, the price has recovered the 1.95 USDT level. The short-term MA5 and MA10 are forming a golden cross upward, and the price is above the short-term moving averages, indicating that short-term bullish momentum is temporarily dominant; however, the MA100 still shows downward pressure, with the price constrained by the MA100 (1.965 USDT). The medium-term downtrend pressure remains, and this rebound is only a technical oversold correction. A trend reversal still needs further confirmation.

2. Volume-Price Relationship and Capital Flow

During the rebound phase, trading volume increased moderately compared to the decline phase. The volume moving averages also formed a golden cross simultaneously, indicating capital returning to the market and accumulation of buy orders at low levels. Short-term funds are beginning to position. However, the volume has not experienced a breakthrough expansion, and the strength of capital support for a trend reversal is insufficient. Most of the current volume increase is due to short-term funds covering previous positions, not large-scale new trend funds entering. Caution is needed for potential volume contraction and a pullback after a high.

3. Multi-Dimensional Technical Indicator Validation

• MACD: The DIF and DEA lines formed a golden cross below the zero axis and continued to rise, with the red histogram expanding. Short-term bullish momentum is gradually building, and the indicator is approaching the zero line. The rebound strength has improved compared to earlier, but it remains to be seen whether the red histogram can continue to expand to confirm medium-term momentum.

• RSI: The current value is 53.519, in a neutral to slightly bullish zone, not yet entering the overbought area above 70. Short-term rebound still has room to rise, with no clear signs of momentum exhaustion. Attention should be paid to whether the RSI turns downward near the overbought zone, which could trigger a phase correction.

4. Key Price Levels and Market Dynamics

Resistance Levels

1. 1.965 USDT: The MA100 directly suppresses this level, serving as the first key resistance for short-term rebound. A strong breakout requires volume support; without volume, upward attempts are likely to encounter resistance and fall back.

2. 2.043 USDT: The upper boundary of the previous consolidation platform, a core point for medium-term trend reversal. A volume-supported steady break above this level could break the medium-term bearish pressure and open further upside space.

Support Levels

1. 1.923 USDT: The MA50 support level, also the lower boundary of the recent rebound consolidation platform. An important short-term bullish defense level; a break below would weaken the rebound trend, trigger short-term longs to exit, and lead to sideways movement.

2. 1.847 USDT: The previous low during the decline and the starting point of this rebound, marking a short-term trend watershed. A confirmed break below this level would mean the rebound has failed, and the price would resume downward movement.

Overall, XRP/USDT on the 1-hour chart is in a rebound phase following an oversold correction. Short-term bullish momentum has strengthened, and MACD is approaching the zero line. However, medium-term moving average resistance remains. The subsequent trend depends on whether the key resistance at 1.965 USDT can be broken with volume, and the support levels below can hold. The combination of volume and price action will be crucial for the continuation of the trend. #Gate每10分钟送1克黄金