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#XRP - 5D Chart: Compression Before Expansion?
Price is still moving inside a clean descending channel. This is not distribution , it looks like controlled correction and momentum cooling.
What I’m watching next:
▫️Close above the 21 EMA
▫️Retest + hold as support
▫️Break the channel top near $2.30
That would confirm momentum shift and open the path toward $3.10 – $3.30.
💡Until then → it’s just a bounce inside the channel, not a breakout.
Probabilities (structure-based):
▫️Break upward: ~60%
▫️More ranging inside channel: ~30%
▫️Full breakdown toward $1 (macro risk only): ~10%
Structure first. Emotions second.