If I analyze the chart of **XRP/USDC** from the perspective of a short-term investor, here are the key points:
### **Positive Signals**
✔ **Sustained uptrend**: The price has increased by **3.77% in 24 hours**, with recent highs at **2.1936 USDC**.
✔ **EMA(7) > EMA(25) > EMA(99)**: The moving averages indicate a bullish structure in the short term.
✔ **RSI at 59.94**: It is not overbought, which allows room for more growth before a correction.
### **Cautionary Factors**
⚠ **Resistance at 2.1936 USDC**: The price is approaching a strong selling zone where there could be rejection.
⚠ **Supply exceeds demand (59.04% vs. 40.96%)**: Indicates that there is selling pressure in the market.
⚠ **Volatility history**: 30 days ago XRP was **-8.81%**, showing unstable behavior.
### **Buy or Sell?**
🔵 **Short strategy:**
- If the price approaches **2.19 USDC** without breaking strongly, **selling at resistance** could be a good option.
- Wait for a correction towards EMA(25) (~2.13 USDC) before looking for another entry for shorts.
- Confirm that supply continues to dominate before opening short positions.
🟢 **Long strategy:**
- If XRP breaks the resistance with strong volume, it could extend the rise to **2.25 USDC**.
- A pullback towards EMA(99) (~2.10 USDC) could be a buying opportunity.
As a short investor, the best play would be to **wait for rejection at resistance and enter shorts with a tight stop loss**. Do you want me to analyze another indicator or trading strategy in this case?