XRPUSDT: Breakout from consolidation, Bulls in controlXRP / TetherUSBINANCE:XRPUSDTDomicChainaXRPUSDT is trading around 1.62 USDT following a decisive breakout from the major consolidation zone of 1.43–1.49. The 1-hour (H1) structure remains bullish, with the price holding firm above the EMA34 (approx. 1.56) and EMA89 (approx. 1.50), while recent pullbacks have consistently formed higher lows. After the rapid rally, chasing the price is not my preferred strategy. The 1.56–1.60 range now serves as a key immediate support zone. If XRP pulls back to this area but finds continued buying support, the likelihood of a rebound to 1.65–1.68—followed by an extension toward the primary target of 1.75 USDT—increases significantly. Current crypto capital flows also support a bullish outlook. FXStreet reports that XRP has risen approximately 13% since the start of the week and is currently entering a consolidation phase following the surge, while BTC and ETH maintain positive structures. The broader "risk-on" environment is also favorable, with the Nasdaq hitting a new high, oil prices dropping toward $100, and US bond yields cooling off. The bullish scenario would weaken if XRP decisively loses the 1.56 level, particularly if it falls back below the 1.49–1.50 breakout zone. Will XRP retest support before pushing toward 1.75?