XRP at $1.00: round-number sweep before reclaim attempt

Wait 5 sec.

XRP at $1.00: round-number sweep before reclaim attemptXRP / TetherUSBINANCE:XRPUSDT3CommasThe Macro Picture πŸ—ΊοΈ The descending structure that's defined XRP since the January peak just claimed another casualty β€” the $1.30 retest failed on the second attempt and $1.13 was lost cleanly, exactly the invalidation our last read set as the bull-thesis trip-wire. Price has now arrived at the highest-confluence floor on the macro lens: the $1.00 round number, where the cleanest stop cluster on the entire chart sits waiting. RSI carves a higher low at ~30 versus the June capitulation print at ~20 β€” momentum is exhausting even as price extends, the kind of divergence that often precedes a structural reset. The Setup βš™οΈ The Lost Support: $1.13 marked the line in the sand for the prior thesis, and the bears took it without ceremony. The level has now flipped from support to active resistance, marked on the chart by the price box overhead β€” the first reclaim hurdle once the structure stops bleeding. The Round Number: $1.00 sits directly below current price as the live decision floor. Round-number psychology on crypto majors concentrates the deepest stop clusters of any structural level β€” every late buyer from the February sweep, every reload from the June flush, every long opened above $1.05 has their invalidation parked beneath the round figure. That's not coincidence; that's where the next sweep gets engineered. The Trigger: A clean wick through $1.00 into the $0.95 sweep target would clear out the over-leveraged longs and trap the late shorts entering on the breakdown β€” the exact structural signature of a tradable low rather than a continuation pocket. The reversal candle off $0.95 is the trigger. The Roadmap: Primary target sits at $1.13 β€” the lost support flipping back to overhead resistance, the first high-confluence reclaim level once the round-number sweep absorbs the last desperate selling. Invalidation: a sustained 1D close below $0.95 would invalidate this reversal thesis and signal a structural extension toward the $0.85 next pocket beneath the round number.