The neckline is essential to define the breakout direction. However, analysts suggest that if XRP price falls below this level, it may be the start of a bearish run.

If the price breaks down below $1.90, a measured price target based on the Head and Shoulders pattern tends to show that XRP can trade in the range $1.30 and $1.40.

For now, XRP is trading just slightly above the neckline at $2.01. This means that the pattern is not yet fully valid.

For the investors and traders, wait-and-watch is the best policy. Will XRP price action see a decisive breakout towards a bearish reversal or upwards to reclaim the $2.40 level and above.#Xrp🔥🔥