XRP Daily Playbook
XRP is trading at 1.15, pinned below both the 50-SMA (1.31) and 200-SMA (1.56), confirming a downtrend across short- and long-term frames, with price sitting a steep -26.49% below the 200-day — a hallmark of a deep distribution phase. RSI at 40.33 is weak but not yet oversold, leaving room for further drift, while MACD at -0.04 has ticked just above its signal at -0.05, hinting at fading downside momentum rather than a confirmed turn. Immediate resistance stacks at the 50-SMA near 1.31, followed by the 200-SMA at 1.56; reclaiming 1.31 on a daily close would be the first technical trigger that bulls are reasserting control. On the downside, the 1.15 shelf is the line in the sand — losing it cleanly opens air beneath, with no nearby moving-average support to lean on. The setup of interest is a momentum cross: a MACD push above zero combined with RSI breaking 50 would strengthen any bounce thesis, while sustained trade below 1.15 with RSI rolling under 35 invalidates it and keeps sellers in command.