XRP price struggles to break through the $2.20 resistance level, mimicking recent pressures experienced by Bitcoin and Ethereum. The price has dropped below critical levels, with a bearish trend line forming on the hourly chart. Currently, the price is below the 100-hourly Simple Moving Average, with support at $2.10 from a previous 61.8% Fibonacci retracement. […]
XRP’s price activity suggests a potential Head and Shoulders pattern, signaling bearish sentiment. The Charting Guy, an analyst on platform X, predicts a possible price drop to $1.15, aligning with crucial Fibonacci levels. The pattern shows unusual symmetry with two right shoulders, introducing uncertainty to its bearish implication. Despite this, XRP maintains strength above the […]