XRP’s latest rebound quickly reversed, pulling the price back toward $1.28 and a key demand zone. Rejection at descending resistance keeps the bearish structure in place, despite a brief move toward $1.37-$1.40 before another reversal. A daily close below $1.25 would confirm the loss of the demand zone and could expose $1.20, followed by $1.09-$1.14. Conversely, holding above $1.25 and reclaiming $1.32 would ease pressure, but the $1.38-$1.40 resistance area and the $1.48-$1.53 supply zone remain significant obstacles.
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