XRP Pulls Back Amid Resistance Zone Rejection and Volume Decline

XRP has encountered a pullback at the start of September after failing to break through the $1.40-$1.45 resistance zone.

The price slipped below the Ichimoku Tenkan-sen, indicating short-term momentum loss and potentially deeper consolidation or corrective phases if key support breaks.

XRP is currently trading near $1.36 at press time, down 5.77% on the week but still up 26.77% on the month.

The decline in volume to over $2.08 billion signifies that traders who drove August's rally have largely stepped back.