$XRP is sitting right on the hinge of the wedge. Price tapped the lower internal support and the grind lower into mid-June is now pressing into a key floor.


I’m watching this as a terminal consolidation, not a clean breakout yet. Volume has been fading, which fits the wedge idea, but it also means the next move needs confirmation. If this lower area holds, the structure still has room for a squeeze back toward the upper descending resistance near 1.3600.
The important part is the floor. A clean close below the local support around 1.1350 would weaken the whole long read fast. Until then, this is still a hinge point and sellers haven’t fully proved they can break it.
XRP-1.52%
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