$XRP 1Hr Chart Outlook

Price is currently forming a short-term double bottom structure after the sharp downside move, with price now stabilizing around $1.44–$1.45.

Price has already printed Bottom 1 and Bottom 2, showing early signs of demand stepping in. Right now, XRP is consolidating just below the $1.46–$1.47 resistance zone, which is acting as the neckline of this structure.

This is a decision area — not a trend yet.

If bulls manage to push and hold above $1.47, it opens a quick move toward $1.50–$1.52, where previous supply kicked in. A clean breakout here can trigger momentum continuation.

On the flip side, if price gets rejected again from this zone, expect another rotation back toward $1.42–$1.40, as liquidity below the equal lows is still attractive.

Key levels
Resistance: $1.47
Breakout targets: $1.50 → $1.52
Support: $1.42–$1.40

This range is ideal for scalping between support and resistance, but avoid chasing — wait for either a clean breakout or rejection confirmation.

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