🔻 XRP MAY BE BOUNCING INTO WEDGE RESISTANCE
Support: 1.348 – 1.352
Resistance: 1.404 – 1.410
Target: 1.348 – 1.352
$XRP is still trapped inside a broader descending structure, and the latest rebound looks more like a relief bounce than a confirmed reversal. Price is pushing into the upper side of the local wedge, which keeps the bearish continuation scenario active while resistance holds.
As long as sellers defend 1.404–1.410, XRP may rotate lower toward the 1.348–1.352 support zone near the lower boundary. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
#XRP
Do you see XRP getting rejected from this wedge top, or can bulls still squeeze out one more breakout first?
Support: 1.348 – 1.352
Resistance: 1.404 – 1.410
Target: 1.348 – 1.352
$XRP is still trapped inside a broader descending structure, and the latest rebound looks more like a relief bounce than a confirmed reversal. Price is pushing into the upper side of the local wedge, which keeps the bearish continuation scenario active while resistance holds.
As long as sellers defend 1.404–1.410, XRP may rotate lower toward the 1.348–1.352 support zone near the lower boundary. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
#XRP
Do you see XRP getting rejected from this wedge top, or can bulls still squeeze out one more breakout first?