XRPUSDT : Bulls Return, Gaining an EdgeXRP / TetherUSBINANCE:XRPUSDTCryptoAnalystSignal#XRP The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound, suggesting a potential upward move upon retesting this level. The Relative Strength Index (RSI) indicates a bearish trend, yet a bullish breakout is likely given that the price has reached "oversold" levels on the 1-hour chart. An orange trendline supports the likelihood of a bullish rebound. There is an initial support level at 1.420, acting as a preliminary support zone. A key support zone (marked in green) exists at 1.363; the price has bounced off this area multiple times, making it a strong support level. The price is heading toward the 100-period moving average (a level currently being approached), reinforcing the potential for an upward move. Entry Price: 1.545 Target 1: 1.575 Target 2: 1.606 Target 3: 1.649 Stop Loss: At the green resistance zone. Remember this simple rule: capital management. If you have any questions, please leave a comment. Thank you.