#XRP – Weekly Structure Breakdown:

📔We’re still inside the white descending channel. Momentum is corrective , not impulsive. As long as we remain inside this channel, this is distribution… not breakout.
📌Bullish Flip Levels:
📍First trigger: $1.55. Reclaiming this weakens the red trajectory.
📍Major invalidation: $2.20. Weekly close above $2.20
▫️Descending structure broken
▫️Bear thesis invalid
▫️Bullish continuation activated
📍Above $2.20 →Opens $2.70–$3.60 opens New ATH
📌Bearish Scenario (Red Trajectory):
📍If rejected below $1.55:
▫️Relief bounce
▫️Lower high
▫️Drift toward $1.26
▫️Potential Sweep $0.95–$0.85 macro support
▫️That would be a controlled higher-timeframe reset and not collapse.
📌Probability:
▫️55–65% deeper sweep
▫️35–45% early breakout reclaim
📌 Macro Line in the Sand:
▫️Above $2.20 → Bullish expansion.
▫️Below $1.55 → Correction continues.
▫️Below $0.85 → Structure weakens significantly.
▫️But $0.85c → MACRO cycle Bottom Target.
💡The next breakout to the upside or downside decides the next multi-month move.
Structure > Emotion.