Some of the chart analyses here are just "incredible". (contains irony).

$XRP


Price Update: Testing Key Resistance and Potential Reversal

XRP has made another attempt to breach the crucial $2.60
resistance level, reaching as high as $2.68 before forming a
double top pattern at this significant price point. This price
action aligns with the larger D wave target, indicating a critical
testing phase for XRP’s momentum.

The latest 4-hour close has revealed a bearish divergence,
confirming a rejection at this major resistance zone. This
suggests that the upward momentum may be losing steam, and a pullback or consolidation could be on the horizon.

Currently, XRP stands at $2.6842, showing a 9.88% gain, but
traders should remain cautious as the market tests these
important resistance levels. The bearish divergence signals
potential weakness, so it's essential to monitor for signs of
reversal or continued strength.

In conclusion, while XRP has made notable gains, it’s facing key resistance at the $2.60 mark. A rejection here could lead to a
short-term price pullback, but if the support levels hold, there
could still be opportunities for further upward movement. Stay alert to market signals as this technical pattern unfolds.

#XRPUpdate #CryptoAnalysis #XRPPrice #ResistanceTest
#BearishDivergence
$XRP