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$XRP is currently trading around $1.40 and price is clearly facing rejection at the upper range. Bulls tried to push higher, but sellers are stepping in aggressively.
📊 What the chart is showing:
Price previously tapped $1.4285 and got rejected hard
MA7: 1.4056
MA25: 1.4111
Price is trading between these moving averages → indecision zone
MA99 at 1.3786 is acting as the main support below
Candles are printing long upper wicks → sellers are selling every pump
📉 Market structure: This is classic consolidation after an impulsive move up.
Price is stuck in a tight range between $1.38 support and $1.43 resistance.
Volume is cooling off, which means traders are waiting — no strong commitment yet.
🎯 My plan:
Break and hold above $1.43 → I’ll look for longs on the next leg up
Lose $1.38 support → shorts become interesting
Until then → this is pure chop
⚠️ No need to force trades here. Let the market show its hand first.
$XRPUSDT
Perp
1.4114
+3.62%