{"schema_version":"1.0","name":"XRP Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f2de96f4-7b75-48fc-ba71-e435e7689268","symbol":"XRP","name":"BITWISE XRP ETF","exchange":"NYSEARCA","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Activity pressure and cumulative balance, Drawdown and recovery pressure, Range position and boundary pressure, Acceleration, deceleration and rollover, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":40,"displayedObservations":40,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Unsupported elevation","headline":"Price remains elevated without full Market Dynamics support","summary":"Market Dynamics improved this week but remains below zero. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","take":"This is a downside warning, not a confirmed reversal. Stronger Market Dynamics would repair the gap; weaker price would begin to confirm it.","tone":"negative","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[-0.078814,-0.170239,-0.253103,-0.349987,-0.430524,-0.485548,-0.548063,-0.5735,-0.595069,-0.620244,-0.609881,-0.439019],"opens":[14.5,12.98,13.91,12.88,11.79,12.42,11.95,12.25,12.33,11.93,11.49,11.15],"highs":[14.58,13.265,14.455,13.0,12.43,12.94,12.62,13.0077,12.43,12.14,11.53,15.9],"lows":[11.95,12.24,12.66,11.31,11.485,11.95,11.81,12.11,11.68,11.3141,11.0799,11.12],"closes":[12.27,12.65,12.78,11.71,12.12,12.34,12.2,12.16,11.86,11.42,11.16,15.34],"hoverRows":[[{"label":"Open","value":"14.5","className":"is-ohlc","compact":true},{"label":"High","value":"14.6","className":"is-ohlc","compact":true},{"label":"Low","value":"11.9","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.08","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.0","className":"is-ohlc","compact":true},{"label":"High","value":"13.3","className":"is-ohlc","compact":true},{"label":"Low","value":"12.2","className":"is-ohlc","compact":true},{"label":"Close","value":"12.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.17","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"13.9","className":"is-ohlc","compact":true},{"label":"High","value":"14.5","className":"is-ohlc","compact":true},{"label":"Low","value":"12.7","className":"is-ohlc","compact":true},{"label":"Close","value":"12.8","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.25","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.9","className":"is-ohlc","compact":true},{"label":"High","value":"13.0","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"11.7","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.35","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.8","className":"is-ohlc","compact":true},{"label":"High","value":"12.4","className":"is-ohlc","compact":true},{"label":"Low","value":"11.5","className":"is-ohlc","compact":true},{"label":"Close","value":"12.1","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.43","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.4","className":"is-ohlc","compact":true},{"label":"High","value":"12.9","className":"is-ohlc","compact":true},{"label":"Low","value":"11.9","className":"is-ohlc","compact":true},{"label":"Close","value":"12.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.49","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.9","className":"is-ohlc","compact":true},{"label":"High","value":"12.6","className":"is-ohlc","compact":true},{"label":"Low","value":"11.8","className":"is-ohlc","compact":true},{"label":"Close","value":"12.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.55","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.2","className":"is-ohlc","compact":true},{"label":"High","value":"13.0","className":"is-ohlc","compact":true},{"label":"Low","value":"12.1","className":"is-ohlc","compact":true},{"label":"Close","value":"12.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.57","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"12.3","className":"is-ohlc","compact":true},{"label":"High","value":"12.4","className":"is-ohlc","compact":true},{"label":"Low","value":"11.7","className":"is-ohlc","compact":true},{"label":"Close","value":"11.9","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.60","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.9","className":"is-ohlc","compact":true},{"label":"High","value":"12.1","className":"is-ohlc","compact":true},{"label":"Low","value":"11.3","className":"is-ohlc","compact":true},{"label":"Close","value":"11.4","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.62","note":"Cautious and weakening","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.5","className":"is-ohlc","compact":true},{"label":"High","value":"11.5","className":"is-ohlc","compact":true},{"label":"Low","value":"11.1","className":"is-ohlc","compact":true},{"label":"Close","value":"11.2","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.61","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}],[{"label":"Open","value":"11.2","className":"is-ohlc","compact":true},{"label":"High","value":"15.9","className":"is-ohlc","compact":true},{"label":"Low","value":"11.1","className":"is-ohlc","compact":true},{"label":"Close","value":"15.3","className":"is-ohlc","compact":true},{"label":"Market Dynamics","value":"-0.44","note":"Cautious but repairing","className":"is-negative","wide":true},{"label":"Signal / event","value":"No event marker","className":"is-muted","wide":true}]],"pressureRange":[-2.3,2.3],"priceRange":[10.9092,15.5908],"zones":{"accumulationBoundary":-1.5,"accumulationDarkBoundary":-2.0,"distributionBoundary":1.5,"distributionDarkBoundary":2.0},"latest":-0.439019,"state":"Price ahead of Market Dynamics","context":{"scenario":"priceAhead","latestDirection":"strengthening","fourWeekDirection":"strengthening","now":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeek":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"price":{"label":"Price is ahead of the underlying support","detail":"Price is extended relative to Market Dynamics. The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Unsupported elevation","detail":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","tone":"negative"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","annotations":[{"label":"Current tape relationship","value":"Unsupported elevation","detail":"Market Dynamics improved this week but remains below zero.","tone":"negative"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Not confirming","detail":"Market Dynamics has strengthened over four weeks, but it still lags the elevated price.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":12,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[21.77,24.44,22.69,22.42,21.43,20.78,22.2,23.34,23.32,21.64,19.46,16.23,15.84,15.87,15.16,15.17,15.68,16.04,14.79,14.63,15.25,16.67,16.12,15.57,15.88,16.07,14.96,14.76,12.27,12.65,12.78,11.71,12.12,12.34,12.2,12.16,11.86,11.42,11.16,15.34],"consensus":[-58.6667,9.434,-64.0816,-41.5011,-14.8891,-32.3641,16.9051,17.0442,15.0481,-13.0678,-56.3478,-63.3631,-40.7451,-43.0111,-49.5607,-36.6876,-15.4237,-21.4407,-46.4141,-30.2176,0.0,30.5792,0.0,-8.4752,0.0,-8.5018,-42.531,-23.1277,-70.3127,-30.9866,-38.2801,-60.4087,-11.3868,-18.8173,-21.6139,-22.4806,-30.8289,-41.9336,-39.7508,-65.9658],"supportDates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,-29.5613,28.0325,6.6193,7.6732,-16.0715,-52.0304,-48.6399,-30.0031,-37.9449,-45.6986,-40.395,-18.1196,-31.636,-56.2829,-36.0174,0.0,28.1466,0.0,-13.0321,0.0,-11.1778,-49.3715,-25.1377,-70.369,-30.0352,-40.9126,-56.6703,-11.5876,-22.7505,-22.1009,-35.2701,-38.8175,-47.9389,-45.4924,-55.5401],"force":[-58.6667,9.434,-64.0816,-41.5011,-9.2156,-24.6851,24.2677,21.4959,4.4076,-24.1978,-68.1209,-75.5189,-15.5703,-15.8997,-30.4236,-10.9732,-11.4014,-2.3274,-46.8622,-13.5727,0.0,71.917,0.0,-5.6198,0.0,-3.4749,-50.406,-13.9722,-91.6137,-2.6024,-22.1867,-75.359,-18.2017,-2.2728,-6.7774,-9.74,-22.7894,-37.6523,-29.329,-96.4508],"direction":[null,null,null,null,-18.9415,-41.0524,1.0711,25.7785,31.0769,-1.6849,-52.8726,-71.5069,-71.0036,-68.1661,-67.644,-50.8181,-31.5034,-23.4412,-34.8154,-35.4785,0.0,3.8324,0.0,-5.3068,0.0,-9.0342,-29.0883,-27.3703,-55.0335,-52.3482,-46.7669,-54.0024,-32.292,-29.3867,-31.655,-16.9644,-27.4417,-38.1286,-40.6331,-56.106],"intensity":[null,null,null,null,75.0,40.0,50.0,100.0,75.0,66.6667,60.0,100.0,66.6667,15.3846,28.5714,6.6667,25.0,41.1765,44.4444,42.1053,25.0,57.1429,36.3636,30.4348,12.5,56.0,69.2308,22.2222,89.2857,55.1724,46.6667,64.5161,21.875,18.1818,8.8235,11.4286,30.5556,16.2162,34.2105,94.8718],"confirmation":[41.44,25.6855,43.1728,35.947,49.8385,78.1652,51.0263,51.082,27.2702,49.8084,86.4559,88.871,80.4349,81.0145,83.3351,78.8999,29.1759,51.4565,82.7158,77.074,5.2839,56.4156,24.5388,25.2223,25.3948,47.8599,81.7457,75.0912,91.1484,54.3985,79.7191,87.8434,29.2887,51.1371,51.7902,74.6106,77.4985,81.1968,80.3151,90.197],"persistence":[null,null,33.3333,50.0,60.0,66.6667,42.8571,25.0,0.0,25.0,25.0,25.0,25.0,25.0,50.0,75.0,100.0,100.0,100.0,100.0,87.5,62.5,50.0,50.0,37.5,37.5,37.5,37.5,50.0,75.0,87.5,87.5,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0],"assessmentRisk":[null,null,null,null,2.5706,33.0278,24.1462,19.5987,36.6901,33.7913,19.3958,18.2997,29.6194,28.4413,25.124,16.835,1.3212,17.4386,9.104,6.5972,15.5821,8.3062,42.4869,39.5018,33.8876,31.8729,24.8573,29.433,14.7902,34.4313,29.8912,19.6554,2.1803,6.7653,20.335,36.8267,0.4117,20.5199,24.037,15.9532],"volumeParticipation":true,"latest":{"consensus":-66.0,"control":-55.5,"force":-96.5,"direction":-56.1,"confirmation":90.2,"persistence":75.0,"assessmentRisk":16.0,"intensity":94.9,"evidenceDepth":100},"analysis":{"status":"Market Dynamics has stronger support","headline":"The gauges support the downward view","summary":"The completed evidence gives the downward view the clearer support.","take":"Current assessment: downward pressure has the stronger support.","tone":"negative","supportedView":"Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-66.0","detail":"Market Dynamics has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-55.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-96.5","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-56.1","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"90/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"61.6","detail":"Positive","tone":"positive"},{"label":"Risk pressure","value":"10.6%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"28.5","detail":"Directional","tone":"positive"},{"label":"Range position","value":"68%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price is rotating through its trend references.","series":[{"label":"Close","values":[21.77,24.44,22.69,22.42,21.43,20.78,22.2,23.34,23.32,21.64,19.46,16.23,15.84,15.87,15.16,15.17,15.68,16.04,14.79,14.63,15.25,16.67,16.12,15.57,15.88,16.07,14.96,14.76,12.27,12.65,12.78,11.71,12.12,12.34,12.2,12.16,11.86,11.42,11.16,15.34],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,22.1827,21.9277,21.9772,22.225,22.4241,22.2815,21.7685,20.7615,19.8667,19.14,18.4164,17.8261,17.4359,17.1821,16.7472,16.3622,16.16,16.2527,16.2286,16.1089,16.0672,16.0677,15.8663,15.6652,15.0479,14.6119,14.2788,13.8118,13.5042,13.2925,13.0939,12.9241,12.7306,12.4923,12.2501,12.8119],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,21.0641,20.6794,20.2705,19.8927,19.5807,19.3184,18.9829,18.6605,18.4079,18.2791,18.1192,17.9304,17.7785,17.6519,17.4525,17.2531,16.884,16.5703,16.2896,15.9504,15.6666,15.4202,15.1817,14.9578,14.7284,14.4833,14.2371,14.3188],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,24.4578,24.7242,25.742,26.2042,26.3671,26.499,26.5078,26.3969,26.2358,26.1598,26.0678,25.8301,24.9999,24.4395,23.8626,23.394,22.987,22.2294,20.9721,19.5442,18.279,17.5188,17.6558,17.6826,17.6257,17.623,17.5898,17.4813,17.3025,17.2726,17.3599],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,20.3482,19.5467,17.5446,16.1897,15.2657,14.3797,13.7122,13.3019,13.0397,12.6055,12.2222,11.8079,11.8611,11.7645,11.6564,11.57,11.506,11.5396,11.9389,12.2618,12.628,12.7202,12.1312,11.7324,11.4363,11.143,10.8752,10.6017,10.3185,9.9854,9.9691],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,164.3467,92.2403,90.0621,120.3735,287.7699,74.8245,51.9184,74.8566,187.8548,68.7126,101.9589,89.343,84.446,78.3585,158.4758,64.5916,67.7018,104.949,161.3205,81.9567,62.4283,137.2136,88.9989,92.9744,188.907,80.3687,85.6661,89.6003,104.6853,87.5755,109.4187,114.5812,385.4181],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,104.0399,88.8089,74.1,65.0,65.0,65.0,67.9104,65.0,75.6208,79.4311,85.0915,80.1606,75.5379,79.8216,88.6928,85.1038,81.3499,87.1569,96.7088,91.7907,88.1756,79.9649,85.3431,90.9562,80.0836,84.7269,89.7718,84.4346,78.4409,73.3718,66.9993,65.0,88.8811],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[0.0,0.0,-7.1604,-8.2651,-12.3159,-14.9755,-9.1653,-4.5008,-4.5827,-11.4566,-20.3764,-33.5925,-35.1882,-35.0655,-37.9705,-37.9296,-35.8429,-34.3699,-39.4845,-40.1391,-37.6023,-31.7921,-34.0426,-36.293,-35.0245,-34.2471,-38.7889,-39.6072,-49.7954,-48.2406,-47.7087,-52.0867,-50.4092,-49.509,-50.0818,-50.2455,-51.473,-53.2733,-54.3372,-37.234],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[null,null,null,null,null,null,null,12.3195,12.2233,4.1386,0.0,0.0,0.0,0.1894,0.0,0.066,3.4301,5.8047,0.0,0.0,4.2379,13.944,10.1846,6.4252,8.5441,9.8428,2.2556,0.8886,0.0,3.097,4.1565,0.0,3.5013,5.38,4.1845,3.8429,1.281,0.0,0.0,37.4552],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,47.1089,46.8101,21.7092,3.886,24.5216,21.7576,21.9702,16.9383,17.0092,20.6237,23.1751,14.3161,13.1821,17.5762,27.64,23.742,19.8441,22.0411,23.3877,15.5209,14.1035,2.1433,4.6885,5.5593,2.569,5.2023,7.8746,8.1726,8.1262,7.5863,1.8212,1.2775,67.9431],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-13.1696,-13.244,-19.494,-27.6042,-39.6205,-41.0714,-40.9598,-43.6012,-43.564,-41.6667,-40.3274,-44.9777,-45.5729,-43.2664,-37.9836,-40.0298,-42.0759,-40.9226,-40.2158,-44.3452,-45.0893,-54.3527,-52.939,-52.4554,-56.436,-54.9107,-49.4055,-45.045,-44.1433,-36.0988,-34.1787,-35.6772,-11.585],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,15.619,15.5199,7.1977,1.5658,27.0948,24.0407,24.2756,18.7157,18.794,22.7878,25.6069,15.8183,14.5654,19.4205,30.5403,26.2334,21.9264,24.354,25.8418,17.1496,15.5834,2.6778,5.8577,6.9456,3.5367,7.1618,9.107,7.8691,7.5155,4.863,0.9726,0.7229,38.4489],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"impulse","eyebrow":"Price impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,-0.8897,-1.1671,-1.4279,-1.6151,-1.7027,-1.7232,-1.8193,-1.8866,-1.8685,-1.7196,-1.6273,-1.5803,-1.5008,-1.4062,-1.4046,-1.4033,-1.5849,-1.6788,-1.7229,-1.8232,-1.8482,-1.8293,-1.8047,-1.7681,-1.7432,-1.7389,-1.7365,-1.3814],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-1.2656,-1.3571,-1.4496,-1.537,-1.6033,-1.6266,-1.6267,-1.6174,-1.5941,-1.5565,-1.5261,-1.5015,-1.5182,-1.5503,-1.5849,-1.6325,-1.6757,-1.7064,-1.726,-1.7345,-1.7362,-1.7368,-1.7367,-1.6656],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.437,-0.366,-0.3697,-0.3497,-0.2652,-0.0931,-0.0006,0.0371,0.0933,0.1503,0.1215,0.0983,-0.0667,-0.1285,-0.1381,-0.1906,-0.1726,-0.1229,-0.0787,-0.0337,-0.007,-0.0022,0.0002,0.2843],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,17.6919,18.0654,17.4796,16.1906,15.4137,16.324,15.8064,14.5725,13.2616,13.12,13.0995,12.1881,11.8727,12.3917,12.0932,15.144,14.2187,14.0776,15.2974,14.2811,13.5977,13.2455,12.8672,12.702,12.7658,12.4182,10.6148],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,18.3442,23.3902,37.8749,47.2451,53.3298,59.2939,63.6281,65.9721,67.1974,69.9304,72.3197,74.5113,71.2883,70.0202,68.7309,67.6357,66.5705,63.3111,54.8946,45.792,36.568,31.7373,37.0944,40.4572,42.5951,45.0529,47.1776,48.9945,50.5707,53.468,54.0871],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"]}]},"canonical_url":"https://sharemaestro.com/terminal/f2de96f4-7b75-48fc-ba71-e435e7689268/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/f2de96f4-7b75-48fc-ba71-e435e7689268/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/f2de96f4-7b75-48fc-ba71-e435e7689268/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/f2de96f4-7b75-48fc-ba71-e435e7689268/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/f2de96f4-7b75-48fc-ba71-e435e7689268/technical-pack/data.json"},"source_fingerprint":"df642c99b06ce29ed9b73c829f79fd3b9367488396a4e4d131fabf1ebb7b1b7b","content_hash":"3facd979a05bb94e37cf7b11615f96f01b591bcc80e5ba69938097c40e18112c","citation":"Sharemaestro, XRP Technical Research Pack, completed week 2026-08-21, https://sharemaestro.com/terminal/f2de96f4-7b75-48fc-ba71-e435e7689268/technical-pack/","data_notes":{"time_series":"Parallel time-series arrays align by index with their dates array.","events":"Sparse chart markers are published as compact dated event records rather than null-filled arrays.","missing_values":"A remaining null in an aligned series means that observation is genuinely unavailable; zero remains a valid value."},"boundary":"Completed market observations and published proprietary outputs only. Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}