$XRP is testing a major descending resistance trendline on the 4H chart after recovering from $1.26 toward $1.40.
Price briefly broke above the trendline but faced selling pressure, pulling back toward $1.34.
A confirmed breakout above $1.38-$1.40 could open the door toward $1.45-$1.50.
However, failure to hold $1.33 could push XRP back toward $1.30 and potentially $1.26.
The key is whether XRP can break and hold above resistance. Until then, the broader downtrend remains intact.
bitcoin:native
The market never delivers In absolutes but this would be my ideal scenario on current PA
FVG into consolidated price back short into the equal lows below and form a continuation range before tagging 70ks- layer longs there