$XRP is trading near $2.09, still below the daily mean (BB mid ~2.04) and well under the upper volatility band. This is not a trend recovery. This is a corrective bounce inside a broader bearish structure. What the structure says: Market is still printing lower highs The recent push was reactional, not impulsive Volatility is compressing → expansion phase is being prepared Key zones to frame: Support: 2.05 – 1.95 (structure hold zone) Resistance: 2.30 – 2.45 (supply + trend pressure) Narrative control: As long as XRP is below the major daily bands, this remains a distribution environment, not an accumulation breakout. We don’t chase candles. We track where capital is willing to defend. —