XRP 1H Chart Analysis - Breakout Potential

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XRP 1H Chart Analysis - Breakout PotentialXRP / US DollarCOINBASE:XRPUSDKeleabetsweMasekoThe price is currently testing the 0.702 resistance level on the 1H chart, a key zone with historical rejections. A decisive break above 0.702, confirmed by a strong bullish candle and higher volume, could target 1.363. If the price breaks above 1.000 with solid confirmation, XRP might enter price discovery, pushing toward uncharted highs. Key Levels: Resistance: 0.702 (current), 1.000 (major), 1.363 (next target) Support: 0.469, 0.382, 0.236 Strategy: Enter long on a confirmed break above 0.702, aiming for 1.363, with a stop-loss below 0.469 (1:2 risk-reward). For a 1.000 breakout, go long with a stop-loss below 0.702, using a trailing stop as prices extend. Watch for volume spikes to validate moves. Alerts: Set an alert at 0.702 for a 1% break above. Add an alert at 1.000 for a 1% break above to catch price discovery. Stay cautious of false breakouts and monitor real-time data for confirmation.