XRP Price at Risk as Bearish Pattern Targets Below $1

Explore the provided link to ensure a steady profit in Binance futures trading: https://telegram.me/binancefuturesignal

XRP looked increasingly bearish below $2, with multiple indicators suggesting that a downward move toward $1 was possible in the coming weeks.

XRP has retraced nearly 50% from its multi-year high of $3.66 to trade below $2, a technical setup that may have “bearish implications” for its price, according to Veteran analyst Peter Brandt.

XRP appeared bearish below $2, with chart technicals pointing toward $1.

A successful test of support at $1.78 could invalidate the bearish outlook.

Is the XRP top in?
XRP’s technical setup shows that its inability to hold above the $2 support level puts the altcoin at risk of a deeper correction. 

In a Wednesday post on X, Peter Brandt said the presence of a “potential double top” pattern could see XRP drop lower over the coming weeks or months.


#H/USDT has covered all the targets to give a Profit of 196% 

The Binance platform uses the same infrastructure as its spot trading exchange. Connecting your Binance Futures account with Cornix trading bots is simple and fast, taking just a few minutes to set up. Best of all, you don’t need to grant withdrawal permissions to anyone.

Start using the Binance Futures Cornix trading bot to earn daily profits easily.

Comments

Post a Comment

Popular posts from this blog

XRP Bulls Target $5 Next, $18 as Future Milestone

Image
Visit our platform to discover crypto trading strategies, access our premium Binance Futures Bot and Futures Leverage Bot, and get assistance with your crypto trades – https://telegram.me/freebitmexsignals XRP’s latest pullback could be part of a classic Elliott Wave structure, according to one market analyst, with a target above $18 if the bulls regain their footing. XRP price is down 3.2% on Feb. 5, forming a low of $2.55 on the daily chart. But a rebound with a candle close above $2.70 will signal a strong trend reversal for the altcoin. XRP price must reclaim $2.70 With the crypto market settling after President-elect Donald Trump’s tariff threats raised concerns of a trade war, traders remain optimistic about XRP price breaking out into double-digits. 450% Profit on #SCR/USDT Our free signals on Telegram consistently lead to substantial profits. In 2023, we’re the top Crypto Signals service on Telegram, featuring advanced Trade Copier for Bitmex, Bybit, and Binance futures using t...
Read more

BTC Price Rally Pushes Dominance to 4-Year Top

Image
Explore the provided link to ensure a consistent profit in Binance futures trading:  https://telegram.me/binancefuturesignal. Crypto markets are showing resilience as the US currency and its stock markets continue to weaken, but there is only one performer.  Bitcoin has continued its upward march this week, tapping a six-week high of $88,900 during Tuesday morning trading in Asia. It is the highest the asset has been since March 7, according to CoinGecko, and represents a gain of 18% since its 2025 low of $75,000 earlier this month. Bitcoin continues to show signs of decoupling from the broader financial market, which is “massively bullish,” said Satoshi Action Fund founder Dennis Porter. US stock markets have started the week in the red with daily losses of around 2.5% on the three major indexes, the S&P 500, Nasdaq, and Dow Jones. President Donald Trump and Federal Reserve chair Jerome Powell continued to face off, with the central banker being labelled a “major loser” b...
Read more

Low DOGE Social Chatter Signals a Potential Opportunity

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile –  https://play.google.com/store/apps/details?id=com.freecryptosignals.app Dogecoin crowd sentiment is at a low point, which could point to a buying opportunity before the crypto market starts moving higher again, according to Santiment. A decline in social media posts and overall sentiment around Dogecoin could signal a buying opportunity for traders, according to crypto analysis firm Santiment. “Crowd sentiment has been near its lowest point over the past year,” Santiment said in a Jan. 9 report. The analysis firm gave Dogecoin a “bearish” crowd sentiment rating of 1 out of 5, which is significantly lower than the 4 out of 5 ratings for XRP and Solana. 120% Profit on #GAS/USDT Cornix trading Bots are performing very well...
Read more