$4 Billion XRP Hit in 24 Hours: What's Happening?
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XRP is experiencing significant market pressure with a 14% weekly decline, trading around $2.06. Analysts have identified a bearish head-and-shoulders pattern that could trigger a potential 55% price drop, with veteran trader Peter Brandt suggesting a possible decline to $1.07 if key resistance levels are not breached.
March 29, 2025 | 1:30 pm
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Technical analysis indicates a bearish head-and-shoulders pattern that could lead to significant price depreciation if support levels are not maintained.
The article highlights multiple bearish signals for XRP, including a classic head-and-shoulders pattern, recent price decline, and potential further downside based on technical analysis by Peter Brandt.
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