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The market structure is strongly bearish.
Key observations:
XRP has fallen from the 1.55 area to around 1.09.
Consecutive lower highs and lower lows remain intact.
The recent low at 1.0884 is acting as immediate support.
No clear bullish reversal pattern is visible yet.
Probability Outlook
Bearish continuation: 70%
Relief bounce: 20%
Full trend reversal: 10%