$XRP
#GateSpringFestivalHorseRacingEvent 📉 Trend & Structure
Price is below MA10 & MA30, and hovering around MA5 → short-term trend is bearish to weak consolidation.
Clear lower highs after rejection near 1.464, so sellers still have control.
The bounce from 1.373 → 1.464 looks corrective, not impulsive.
📊 Moving Averages
MA5 (1.414): price slightly above it → very short-term relief.
MA10 (1.423) & MA30 (1.428): acting as strong resistance zone (1.42–1.43).
Until price reclaims and holds above MA30, upside is limited.
🔊 Volume
Volume is declining, meaning:
Current bounce lacks strong buy