GainMuse

$XRP is testing a level where late longs look exposed.

Price broke below 1.36 support and is now sitting inside a bearish wedge. The drop from 1.44 was sharp, and the wedge is not offering much relief — it looks more like a pause before continuation than a real recovery. 📉

Upside only becomes interesting if price reclaims 1.40 with conviction. That is where the resistance line sits, and a clean close above it would shift the picture. Below 1.40, the structure stays bearish.

If 1.36 gives way again on volume, the next support is not clearly marked. That is the trap — buyers stepping in at this level without knowing where the real floor is. 🎯

Momentum is still pointing down. The wedge compression could squeeze price either way, but the bias follows the trend until 1.40 is reclaimed.

Late longs near 1.36 are carrying the most risk right now. ⚡

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