$XRP is still under pressure, but I’m watching the 1.2200 wedge floor as the key liquidity pocket.


Price has been sliding inside this long descending wedge, and the next move looks like it wants to sweep the bottom of the structure before anything else. If that level gets tagged and holds, that’s where the trap can flip — late shorts get squeezed and the bounce can start building back toward the upper wedge area near 1.3300.
The bearish pressure only gets weaker if price loses that 1.2200 area cleanly and can’t reclaim it. Until then, this still looks like a liquidity grab setup, not a clean trend reversal yet.
XRP-5.08%
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