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$XRP the break is in, and bulls lost the ascending support that was holding this move up.
I’m watching the weak bounce back into the broken area now. That old floor around 1.39-1.42 is turning into resistance, and the retest looks like sellers are still in control.
The move out of the spring squeeze already flushed a lot of the local support, and losing the 1.40 handle adds more pressure on late longs. If this bounce keeps getting rejected, the next areas below are still open.
A clean 4H close back above 1.45 would weaken the bearish read, but right now the structure still leans lower.