This broken thing would be better if it reset to zero.
Binance News
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Analyst: XRP price performance is poor and faces technical analysis challenges
As Cointelegraph reported, despite Bitcoin’s rally to $88,800, XRP prices have performed poorly this week, falling 4.7% over the past seven days. Trading volume has fallen 35% from about $4 billion to $2.6 billion.Trader Peter Brandt pointed out that XRP has a head and shoulders pattern, which could lead to a drop to $1.07. If the price falls below $1.90, a 55% correction could occur. On the contrary, Javon Marks believes that XRP may usher in a positive breakout.Technical analysis shows that it is too early to predict a drop to $1.07 for XRP. Since the beginning of 2025, XRP has been in a downtrend, but the $1.90 level has only been tested three times. Spot market volume is the main driver of the recent rise.
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