XRP Price Struggles at $1.42: Bulls Need Daily Close Above SMA-7 Ceiling

XRP is currently trading at $1.40 after reclaiming major moving averages and experiencing a structural shift in trend.

The crypto market context matters, with XRP outperforming as a high-beta Layer-1 play when Bitcoin holds its range and risk appetite stays elevated.

However, the rally has run into a wall at $1.42, with intraday price action coiling within a tight range of just $0.02 ($1.38-$1.40).

The MACD histogram is flatlined, indicating dying momentum, while the RSI and Stochastic are elevated but not overbought.

Whales are long and patient, with smart money on Binance Futures sitting at a 74.2% long bias, but taker buy/sell ratios indicate net selling in spot markets.