#XRP/USDT
$XRP is currently trading around 1.8936 USDT after facing rejection near the 1.934 resistance zone. On the chart, price has started to pull back after a short-term bullish move. The MA(7) is turning downward and price has slipped below it, while still holding slightly above MA(25). This suggests short-term weakness but not a full trend reversal yet. The MA(99) near 1.87 is acting as a key dynamic support. Volume has decreased after the push up, indicating that buying pressure is cooling and the market is entering a consolidation or correction phase.
What to do next:
For long (buy) traders: Wait for a clear bounce and confirmation above 1.90–1.91 with rising volume before entering. A safe buy zone could be near 1.87–1.88 if strong support holds.
For short (sell) traders: If price breaks below 1.87, a short move toward 1.85–1.83 is possible.
Risk management: Always use a tight stop-loss, as $XRP RP is currently volatile and moving in a range.
Overall, $XRP is in a short-term correction within a larger sideways structure, so patience and confirmation are key before taking the next trade.
