$XRP is currently sitting at the lower trendline support of a falling wedge on the daily timeframe. This is a sensitive area where price usually decides between relief bounce or deeper continuation — and right now, pressure is clearly building.
The 1.71 level is the key line in the sand.
Bearish continuation scenario🔽
If 1.71 gets lost with acceptance:
Structure breaks down
High probability move toward 1.58
Further weakness can drag price into 1.40 zone
This would confirm a deep correction, not just a pullback.
Bullish recovery scenario 🔼
For bulls to regain control:
Price must reclaim and