$XRP is trading inside a clear falling wedge on the 1H chart, a structure that usually forms during corrective phases rather than full trend breakdowns. Price has been making lower highs and lower lows, but the range is tightening — signaling selling pressure is gradually fading.
The lower boundary near 1.83–1.82 is acting as a demand zone where buyers keep stepping in. As long as this floor holds, the probability leans toward a breakout attempt rather than continuation down.
Bullish scenario: • Break and close above 1.88–1.90 • Opens room toward 1.94 → 1.98
Bearish risk: • Clean loss of 1.82 • Could drag price toward 1.78–1.75
Right now, this is a wait-for-confirmation setup. The move comes after the wedge breaks — not while price is still trapped inside it.
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$XRP is trading inside a clear falling wedge on the 1H chart, a structure that usually forms during corrective phases rather than full trend breakdowns. Price has been making lower highs and lower lows, but the range is tightening — signaling selling pressure is gradually fading.
The lower boundary near 1.83–1.82 is acting as a demand zone where buyers keep stepping in. As long as this floor holds, the probability leans toward a breakout attempt rather than continuation down.
Bullish scenario:
• Break and close above 1.88–1.90
• Opens room toward 1.94 → 1.98
Bearish risk:
• Clean loss of 1.82
• Could drag price toward 1.78–1.75
Right now, this is a wait-for-confirmation setup. The move comes after the wedge breaks — not while price is still trapped inside it.