XRP/USDT 4H chart reviewXRP / TetherUSBINANCE:XRPUSDTcryptodailyuk🔍 Price structure • The price was moving in a descending channel (orange lines). • There was a strong rebound from the low of ~1.825–1.83, with a clear lower wick → demand defended the level. • Currently, the price has returned to the interior of the channel, but has not broken it above yet. ⸻ 📊 Key levels Support: • 1.8555 – local support (now crucial, because after breaking up it should act as support) • 1.8256 – very strong support (bottom + demand reaction) Resistances: • 1.8776 – nearest resistance (local high + consolidation) • 1.9175 – main resistance / target after breaking the channel ⸻ 📈 Momentum/indicators Stochastic RSI: • A clear exit from the oversold zone • The lines are dynamically going up → bullish momentum, but: • We are close to the overbought zone, so a short correction or consolidation is possible ⸻ 🧠 Scenarios 🟢 Bullish scenario (more likely in the short term) • Maintenance 1.855–1.86 • Breakout and closing of the 4H candle above 1.8776 • Goals: • 1.90 • 1917–1992 ➡️ This would be confirmation of exit from the descending channel. ⸻ 🔴 Corrective scenario • Rejection 1.8776 • Back to: • 1,855 • in a worse variant, retest 1.83 ➡️ Until 1.8256 breaks, the structure still looks like a higher order uptrend correction.