$XRP ’s recent climb past $1 might be short-lived as a bearish Gravestone Doji candlestick signals a potential 40% plunge. A TradingView analyst predicts a fall from $1.11 to $0.66, citing multiple bearish indicators:

📉 Key Bearish Signals:

Gravestone Doji Pattern: A classic signal of trend reversals, showing sellers overpowering buyers.

RSI Breakdown: $XRP is overbought, pointing to exhaustion in upward momentum.

MFI Decline: Funds are flowing out of $XRP , weakening bullish pressure.

Bollinger Bands Breakout: Trading outside the bands increases the probability of a correction to $0.73.

🔍 Market Sentiment:

Despite bullish sentiment dominating, contrarian signals suggest a looming correction as buyer exhaustion sets in.

💡 What to Watch:

Critical support at $0.73

Resistance near $1.11

Monitor volatility as narrowing Bollinger bands signal tightening price action.

📱 Takeaway: XRP investors should remain cautious as bearish signals dominate the charts. Prepare for potential downside and manage risks effectively.

#XRP #CryptoCrash #PriceAnalysis #Bitcoin #BinancePoolFractalBitcoin