XRP – Sharp Pullback Into Rising Trendline & Horizontal SupportXRP / TetherUSBINANCE:XRPUSDTBKVIPXRP on the 4H timeframe is currently trading around 1.4166 after a strong rally that pushed price to a new high near 1.5400 before a sharp multi-candle pullback brought it back down toward the rising trendline from the April lows. Price is now sitting at the confluence of the rising trendline now approaching 1.4000 and a horizontal support zone near 1.4000–1.4200 that has acted as both support and resistance multiple times throughout this chart. This is the most significant pullback since the breakout run began and the trendline is being tested directly. Key Levels To Watch 1.5400 → Recent spike high, key resistance above 1.5000–1.5200 → Prior resistance zone above 1.4600–1.4800 → Prior range highs, now resistance 1.4000–1.4200 → Horizontal support confluence zone, current test 1.3800–1.3900 → Rising trendline support (dynamic, climbing) Below 1.2730 → Full structure breakdown The rising trendline has been the macro floor since early April, holding through multiple deep tests and producing aggressive recoveries each time. The current pullback to the trendline confluence is a key moment for the structure. A hold above 1.4000 and a recovery back above 1.4400 would keep the bullish structure intact and set up a potential continuation toward 1.5000–1.5400. A break below 1.4000 and loss of the trendline near 1.3800–1.3900 would be a significant structural shift and open room toward 1.3600 and below. This is a key trendline confluence test after a sharp pullback. Hold 1.4000–1.4200 → structure intact, eyes on 1.5000–1.5400. Lose trendline at 1.3800–1.3900 → structure shifts, deeper pullback opens. Structure bullish above rising trendline. Bias shifts only on confirmed trendline breakdown.