On the 4H chart, $XRP/USDT is trading around $1.41 after bouncing from the $1.34–$1.35 support zone, which marks the recent swing low. Price has reclaimed the short-term moving averages (MA7 and MA25), showing improving bullish momentum, while volume has started to increase on the push up. However, the MA99 is still above price near the $1.51–$1.52 region, acting as dynamic resistance. This suggests the market is attempting a short-term trend reversal inside a broader corrective structure.
If buyers maintain control above $1.38–$1.40, the first upside target (TP1) sits near $1.48, which aligns with recent local resistance. A clean breakout above that level could open the way toward $1.55 (TP2), where previous 4H supply and rejection occurred. If bullish momentum accelerates and overall market sentiment remains strong, the extended target (TP3) would be around $1.62, near a major resistance zone. Invalidation for this bullish setup would be a breakdown below $1.34, which could shift momentum back to the downside.