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$XRP hesitates after a sharp reaction and loses upside traction.
If bids remain weak here, another leg lower toward the rising base could start to take shape.
📉 Technical View:
• Pattern: Short-term descending triangle forming after an impulsive drop
• Bias: Bearish-leaning, pressure may persist while price stays capped
• Key Level: Watch support near 1.89 and supply around 1.96
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⚠ A firm breakout and hold above the descending structure could invalidate this bearish setup.
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