XRP Price Hesitates at Daily Pivot as Momentum Hits Wall
XRP is trading at its daily pivot of $1.42, and while the technical picture looks clean, momentum has hit a wall at $1.43.
The Moving Averages (MA) are stacked below current price, which is a sign of a sustained uptrend, but the MACD histogram has printed zero, indicating that momentum has idled out.
Smart money is 74% long and retail traders are also leaning bullish, with a 2.87 long/short ratio on Binance.
However, real-time order flow shows taker sellers dominating the market, with aggressive sell orders outpacing buys in the immediate term.