$XRP is currently showing a shift in market structure following a rejection from the $1.48–$1.52 supply zone. On the 4H timeframe, we are seeing signs of distribution as the price continues to consolidate below the $1.40 mid-range resistance.
In technical terms, when an asset fails to maintain momentum after hitting a supply wall, it often leads to a period of price compression where sellers absorb the remaining demand. For the current structure to turn bullish again, a sustained close above the $1.42 level is likely required to shift the sentiment back toward growth.
Without that confirmation, the market may look toward lower liquidity zones near $1.20 or $1.15 to find a new floor.
I believe this could be a real turning point if it confirms.
+1
Community Question:
Do you think the current consolidation is a sign of long-term strength, or are you waiting for a clearer breakout above resistance?
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