$XRP has a decision to make between the 1.2605-1.2672 supply overhead and the 1.2447 liquidity sitting just under the range, and the 1h chart leans toward the lower one resolving first. The 29th break of 1.29 was a CHoCH/BOS, and the displacement leg that followed swept sell-side into 1.1991. Since then price has been pinned near 1.25, under both EMAs and in the discount half of the dealing range. That reads as compression, not accumulation. A push into 1.2551 to 1.2625 looks like the spot where late longs get filled before a rejection. Confirmation is a break of 1.2447, with 1.22 and 1.21 as the sweep areas below. Invalidation is a clean reclaim of 1.2715, which would put the supply zone behind price. How long do you think this 1.25 coil holds before it picks a side? More reads like this land daily in the group, details in the bio. #Altcoin Season#