$XRP is experiencing a short-term bearish market structure on the 1H chart. After facing a rejection from the 1.4420 local high, the price has retraced to around 1.3862, currently trading under the pressure of both the MA(25) at 1.3873 and the heavy MA(99) resistance at 1.4194. However, the bulls are actively defending the immediate short-term MA(7) dynamic support line at 1.3841. If this micro-foundation holds, we might see a local liquidity accumulation followed by a relief bounce back toward the $1.40 resistance area. On the downside, the key zone to monitor is the recent swing low at 1.3633; breaking below it could accelerate selling pressure toward deeper support levels. Volume is currently cooling down as the market seeks a clear direction. Are you buying this dip or waiting for a breakout above $1.42? #xrp #Ripple #crypto #trading #TechnicalAnalysis
