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Today morning, we clearly hinted that $XRP was breaking down from the structure — and now we’re seeing the results in real time.
Price lost the 1.71 key level, structure failed, and downside momentum kicked in exactly as outlined. Those who got the entry early are now riding the wave smoothly.
Zooming out to the weekly chart, the bigger confirmation also came in:
MA99 support is lost, which strengthens the bearish continuation case. Price is now moving toward the same target zone (1.58) we mentioned in the previous post.
Hope everyone caught the move and is managing profits smartly.
The 1.71 level is the key line in the sand.
Bearish continuation scenario🔽
If 1.71 gets lost with acceptance:
Structure breaks down
High probability move toward 1.58
Further weakness can drag price into 1.40 zone
This would confirm a deep correction, not just a pullback.
Bullish recovery scenario 🔼
For bulls to regain control:
Price must reclaim and hold above 1.80
Acceptance above this region opens room for: 2.00 - 2.20
Until then, any bounce remains corrective, not trend-changing.
This is a wait-for-confirmation zone.
Let the level decide — not hope.