FX.co ★ Melsiafy | Ripple, XRPUSD

Let’s cut straight to Ripple on the H4 chart because XRP looks pretty heavy right now. Price is grinding sideways at 1.0904, and you can practically feel the hesitation after the latest rejection. The bulls tried to patch things up, but this choppy action tells me nobody is willing to commit to a massive buy order just yet. Looking down at the momentum, the RSI is hovering right around 41, which perfectly sums up this boring consolidation phase. It is not quite oversold, but it definitely shows that the bears still have the upper hand. As long as the indicator stays trapped below the midline, any quick bounce is likely just a trap for retail buyers. The moving averages are making life even harder for the bulls today. We are stuck below the red line, while the major green moving average sits directly overhead around 1.1160, acting like a stubborn brick wall. Until we get a clean close above that green line, trying to force a long position here just feels like fighting the trend. If the current support at 1.0900 cracks, things could get ugly fast. The first downside target I’m watching is 1.0540, and breaking that would quickly open the floodgates toward those previous swing lows near 1.0230. If panic returns to the crypto space, we might even see a deeper flush back down toward the 0.9920 area. On the flip side, the only way I change my mind is if buyers reclaim 1.1160 and hold it. A solid breakout there would shift the intraday structure and expose higher targets like 1.1470 and 1.1780. Until then, I am staying patient on the sidelines; there is no need to guess the next move in this messy range.