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05/29 02:58

$XRP pushed to the edge After being stuck inside

#1$ Margin Trade #BILL: Human-AI Collaboration Network #Grab Your Share of the 300 USDT Prize Pool! $XRP pushed to the edge After being stuck inside a tightening descending triangle structure for months, $XRP is getting close to one of the most significant technical levels on its daily chart. As lower highs continue to compress the market from above, the price is currently directly on horizontal support near $1.28-$1.30. The setup is about to make a choice. The structure of the chart itself is no longer subtle. Since March, $XRP has consistently failed to regain the downward trendline that caps each attempt at a recovery. While sellers continue to intervene earlier during rallies, each bounce has gotten weaker. Instead of a healthy consolidation, that typically indicates a decline in buyer conviction. Simultaneously, the horizontal support zone at $1.28 has already undergone numerous tests. Because each bounce uses up resting buy liquidity, repeated support touches are important. Support eventually erodes and breaks if demand does not rise significantly. The bearish case is further strengthened by volume behavior. During the consolidation phase, which frequently comes before expansion volatility, trading activity has progressively decreased. That volatility expansion statistically favors the continuation of the previous trend in descending triangle formations, and $XRP's overall trend since late 2025 has obviously leaned bearish. The first downward area that traders will probably keep an eye on is located between $1.15 and $1.20 if the breakdown is confirmed with a clear daily close under support. If panic selling picks up speed below that, the market opens the door to psychological support around $1.00, which could turn into a magnet. Bulls are running out of space, but there is still a bullish invalidation path. In order to push back above the recent lower-high structure around $1.40-$1.45, $XRP would need to swiftly regain the declining resistance line. The c

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