XRP has halved from its January peak and now trades at $1.03, sitting below both its one-month and three-month average price lines while continuing to carve out lower lows.
Even on a bounce, $1.068–1.085 should cap it — the one-month average price line, a price shelf that recently flipped from support to resistance, and the volatility midline all stack up in that same band.
That said, a daily close above $1.118 would mean the downtrend structure has broken, which is exactly why the stop sits just above it.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
