🚀 XRP's key support level stabilizes! Short-term bulls may see a rebound window

Current Time: April 28
Current Price: 1.389
Underlying Asset: XRP

From the overall trend, after XRP rebounded from the early low of 1.11, the price gradually returned to the 1.35–1.45 range for consolidation. Recently, the trend has started to show a structure of higher lows + sideways consolidation, which usually indicates the market is in a consolidation phase building a bottom.

In the short term, bearish momentum has clearly weakened. If the bulls continue to hold the key support, there is a technical rebound opportunity today.

📊 Technical Structure Analysis
① 1-Hour Level (Short-term Structure)

From the 1-hour chart, we can see:

MA7 is gradually turning upward
Price repeatedly bounces off the 1.36–1.37 area
Short-term forming a sideways upward structure

This indicates that short-term funds are starting to gradually absorb positions.

Key levels:

Short-term support
1.36

Strong support
1.33

Short-term resistance
1.41

Strong resistance
1.44

As long as 1.36 is not effectively broken downward, the short-term rebound structure remains valid.

② 4-Hour Level (Trend Structure)

From the 4-hour trend, we observe:

1️⃣ Price gradually stabilizing around the moving averages
2️⃣ Higher lows continuously forming
3️⃣ Volatility beginning to converge

This structure usually indicates the market is entering:

Consolidation bottoming → Technical rebound phase

If the bulls continue to exert effort, XRP may test today:

1.41 – 1.43

🎯 XRP Long Position Strategy for Today (Execute directly)

Trading direction: Long

Entry method
👉 Market buy long: around 1.389

Take profit targets

First take profit
1.403 (+1%)

Second take profit
1.417 (+2%)

Risk management stop loss

Stop loss level
1.368 (-1.5%)

XRP-1.97%
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