$XRP showing strong bearish pressure after failing to hold above 1.49 and I’m seeing a clear continuation structure forming on the 1H chart.
Price topped near 1.494 and since then every bounce has produced a lower high. The recent impulse candle broke cleanly into 1.387 liquidity. The small bounce from 1.387 looks reactive, not reversal strength. Sellers are in control unless structure shifts.
I’m treating this as a bearish continuation setup.
Market Read
I’m seeing consistent lower highs.
Breakdown below 1.44 confirmed weakness.
Rejections around 1.43–1.44 show supply dominance.
Momentum expa