$XRP is testing the upper boundary of the 1H falling wedge

XRP 1Hr Chart Outlook

XRP is once again testing the upper boundary of the 1H falling wedge after bouncing from the 1.31–1.32 local low. Price is currently trading around 1.36–1.37, pushing into dynamic descending resistance near 1.39–1.40.

This upper wedge zone has rejected price multiple times. That makes it a clean intraday reaction level.

For quick scalping, this is a decision area:
• Rejection near 1.39–1.40 → potential rotation back toward 1.35, possibly 1.33 if momentum fades.
• Strong breakout and close above 1.40 → wedge resistance weakens and opens room toward 1.43–1.45.

This is not a full trend reversal setup — it’s structure-based intraday trading. Upper boundary reactions tend to give quick moves, but breakout strength matters.

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