Crypto fiens,
$XRP Traders, Pay Attention to the Charts!
#xrp is at a crucial technical crossroads right now, and the price action deserves a closer look.
We’ve recently seen a Head & Shoulders pattern forming on the daily chart—often a sign of a potential short-term reversal. The right shoulder seems to have completed, and the neckline is sitting close to the $1.90 support zone.
If $XRP fails to hold above $1.90, we could see a breakdown, possibly retesting lower support levels around $1.70-$1.50. However, if $1.90 holds, it might act as a strong accumulation zone, giving bulls a chance to regain control.
On the upside, $2.16 remains the immediate sell/resistance zone. A breakout above this level, especially with strong volume, could invalidate the bearish setup and open the door toward $2.50+.
Key Levels to Watch:
Support: $1.90 (neckline of the H&S pattern)
Resistance/Sell Zone: $2.16
Breakout Zone: Above $2.16 with volume confirmation
Always manage your risk and trade with a plan!
THE crytpo fien,
my regards
