🚨 Today’s Market Analysis: Is XRP Headed for a Crash to $1.80?
XRP is showing signs of weakness after being rejected 5 times at the $2.30 zone. A bearish head & shoulders pattern is forming — and if price closes below $2.12, it could trigger a drop to $1.80.
🔻 Bearish Signals:
-Repeated rejection at $2.27–$2.30
-Daily close below $2.12 = danger zone
-Key supports: $2.05, then $1.80
🟡 What Could Flip the Trend?
-Spot XRP ETF launches in Canada today
-GENIUS Act vote (June 17) may boost market sentiment
📌 Short-term caution advised. Bullish reversal only if XRP reclaims $2.30 with volume.
