🚨 Will XRP Drop to $0.50? Analyst Sees Bearish Pattern!

XRP is on a rollercoaster ride, gaining 3% today after last week’s 9% loss. Despite a market cap surge to $128 billion, trading volume is down 25%, signaling weak momentum.

🔎 What’s the Chart Saying?

🔹 Crypto analyst Hope Theory has identified a Head & Shoulders pattern, which typically signals a potential price drop.
🔹 If the pattern plays out, XRP could fall to $0.50.
🔹 XRP has struggled to break the $2.6 resistance, and with sellers in control, the downtrend may not be over yet.

📊 Will XRP Hold Its Ground?

🔸 RSI indicators suggest XRP is oversold, meaning a reversal could be near.
🔸 The $2.03 support level is crucial—if it holds, XRP could bounce back.
🔸 However, if buyers don’t step in, the decline could continue.

⚖️ The Ripple vs. SEC Lawsuit Looms Over XRP

The SEC case remains a wildcard. A win for Ripple could send XRP soaring, but a negative ruling could limit its upside potential.

🔥 Will XRP hold above $2 or crash to $0.50? Share your predictions below! 👇