XRP Trades Below Key Resistance — Downside Pressure BuildingXRP / TetherUS PERPETUAL CONTRACTBINANCE:XRPUSDT.PThe_Alchemist_Trader_XRP price action continues to trade below the key $1.45 resistance level, with multiple candle closes confirming acceptance beneath this zone. This repeated failure to reclaim resistance signals weakening bullish momentum and strengthens the case for further downside within the current range. Key Highlights: - Strong resistance at $1.45 🔺 - Multiple closes confirm acceptance below resistance ⚠️ - Key support sits near $1.05 📉 From a technical perspective, the inability to break above $1.45 suggests that sellers remain in control at higher levels. Acceptance below resistance is a critical signal in market structure, often indicating that price is preparing for continuation in the opposite direction. This aligns with the current range-bound environment, where XRP continues to respect its upper and lower boundaries. If price continues to reject from the current region, it opens the probability of a deeper corrective move toward the $1.05 support level. This area represents a key demand zone within the range and could act as a potential reaction point. However, if selling pressure accelerates, a capitulation-style move into lower support cannot be ruled out. Overall, unless XRP can reclaim $1.45 with strong conviction, the bias remains bearish with a likely rotation toward the lower end of the range.