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since the last readPrice has left the range the coin's last read drew.
Price has left the range the coin's last read drew.
Daily downtrend since Sep 25, at the lows — the last lower high is 1.342
The structure is clearly bearish while XRP stays under 1.342: on the daily chart, each peak and each dip has been lower than the last.
Backing it: the weekly chart is down.
Price is under the 50-day average (1.378). It is under the 200-day average (1.271).
The last 5 days are down 6.9%, nearly every high lower than the one before.
Price is 13.6% under 1.342, the last lower high, and 0.8% over 1.149, the trend's low.
The first warning would come earlier: a daily close over 1.187, the nearest swing high, 2.3% away.
What would break that structure: a daily close over 1.342, 13.6% away.
For it: price is under the average price buyers have paid since the 0.9872 low, 1.393, so those buyers are losing money; Momentum favours the sellers (RSI 32): their closes have been stronger.
Against it: RSI and OBV show a bullish divergence: price set a lower low that momentum did not confirm.
While XRP stays under 1.342 the structure stays bearish; 1.149 is the next line it has to break.
A 1D close above 1.342 takes out the last lower high — the downtrend's structure ends there; the next level up is 1.399.
A 1D close below 1.149 carries the downtrend past its last low; the next level down is 1.125.
1.149 is the floor — the trend's low, set Nov 7.
1.342 is the ceiling — the last lower high (Nov 4) — the line the downtrend stays under. It is also the 0.5 retracement of the chart's whole range and the prior week high.
1.200, the prior week low 3.5% above price: sellers turned price there on 3 of 5 visits.
XRP has been in a downtrend since Sep 25: its lows have stepped down (1.256, then 1.200, then 1.149), and so have its highs (1.630, then 1.399, then 1.342). Price is at the trend's low, 1.149, set Nov 7. The last lower high is 1.342 (Nov 4), 13.6% above price; no daily close has gone over it.
The weekly picture: a weekly downtrend, 68% under the all-time high; on the daily, price is below the 200-day average (1.271), and the 50-day average is above the 200-day average. The daily trend goes the same way as the weekly.
Against BTC: over the last 5 daily candles XRP moved -6.9% and BTC -1.2% — XRP is the weaker chart.
Sellers have had the daily since Sep 25: each bounce has been sold lower than the last, and no daily close has cleared a lower high.
The rest of the chart backs the downtrend. Price is under the average price buyers have paid since the 0.9872 low, 1.393, so those buyers are losing money. Momentum favours the sellers (RSI 32): their closes have been stronger.
What doesn't fit: The trend is weak — ADX 19, under the 25 where a trend is real, with sellers ahead (−DI 28, +DI 17). RSI and OBV show a bullish divergence: price set a lower low that momentum did not confirm. These are the cracks in an otherwise intact downtrend.
| Level | Price | From price | Role |
|---|---|---|---|
| Swing high | 1.399 | +20.7% | swing, read |
| Swing high | 1.378 | +18.7% | swing, read |
| Prior week high | 1.344 | +16.0% | calendar, fib |
| Read ceiling | 1.342 | +15.8% | read edge |
| Swing high | 1.271 | +9.4% | swing, read |
| 2-TF resistance | 1.248 | +7.7% | confluent, fib |
| Fib retracement | 1.223 | +5.5% | fib |
| Prior week low | 1.200 | +3.5% | calendar, swing |
| Swing high | 1.187 | +2.0% | swing, read |
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